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Bob Diamond-Led SPAC Said to Be Near Merger With Events.com

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Bloomberg,Special Purpose Acquisition Company,New York Stock Exchange

(Bloomberg) -- Event management platform Events.com is nearing a deal to merge with a blank-check firm led by Bob Diamond and Jeff Tuder at a pro forma...

-- Event management platform Events.com is nearing a deal to merge with a blank-check firm led by Bob Diamond and Jeff Tuder at a pro forma enterprise value of nearly $400 million, according to people familiar with the matter.With Housing Costs High, Democrats Hone YIMBY Message

Events.com plans to use proceeds from the deal to expand by increasing revenue streams, adding product offerings and advancing AI-driven personalization initiatives, the people said. The company offers tools and event management software to help organizers hold events. Investing.com-- Most Asian currencies weakened on Tuesday as new Canadian trade tariffs on China ramped up fears of a trade war, while a rally in the Japanese yen was hampered by some soft inflation data.

 

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