Blank-Check Companies, a Hot IPO Fad, Contain Pitfalls for Investors

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Blank-Check Companies, a Hot IPO Fad, Contain Pitfalls for Investors
France Dernières Nouvelles,France Actualités
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Blank-check companies are enjoying their highest popularity in more than a decade. But investors should still be cautious about the structure, according to a review by The Wall Street Journal.

Blank-check companies are enjoying their highest popularity in more than a decade, raising more than $10 billion in new listings last year. But investors should still be cautious about the structure, according to a review of the companies’ performance by The Wall Street Journal.

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