NEW YORK, June 2 — Business news publication Forbes announced Wednesday that it has pulled the plug on a merger transaction with a specially created investment company as fewer of such deals get completed.
“The Forbes brand is a sought-after and trusted brand with more than 100 years of equity that is synonymous with success and validation,” said Forbes Chief Executive Mike Federle, who pointed to double-digit revenue growth over the past year. First established around 30 years ago, SPACs became a popular means of entering public markets in 2020 and 2021 amid low interest rates and surging equity markets.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: