Page 9

Articles tagged “spacs”

Online Travel

What Exactly Are ‘SPACs’? Why They Will Matter in Travel This Year

Some travel sector startups will use special-purpose acquisition companies, or SPACs, to go public, instead of doing traditional IPOs. The trend has the makings of an investor frenzy. Here's our cheat sheet, covered in six questions and answers.

Sean O'Neill, Skift | 3 years ago

What Exactly Are ‘SPACs’? Why They Will Matter in Travel This Year

Online Travel

Air Taxi Startup Joby May Go Public by Merging With a Blank Check Company

Joby Aviation, a startup that's building an electric aircraft capable of making vertical takeoffs and landings inside cities, may seek to go public soon. If it does so by merging with a special-purpose acquisition company, it will copy similar moves by helicopter taxi service Blade and Richard Branson's Virgin Galactic.

Anirban Sen and Joshua Franklin, Reuters | 3 years ago

Air Taxi Startup Joby May Go Public by Merging With a Blank Check Company

Online Travel

2 Blank-Check Companies Set Up to Buy Travel Outfits Had IPOs This Week

Two blank-check outfits that will try to buy something in travel later debuted on the stock market this week. No Airbnb-style IPO pops, however, because no one knows what the acquirers might score in the travel sector.

Sean O'Neill, Skift | 3 years ago

2 Blank-Check Companies Set Up to Buy Travel Outfits Had IPOs This Week

Online Travel

Justice Department Very Close to Addressing Some of the Travel Industry’s Google Problems

If the U.S. Department of Justice indeed takes imminent steps to begin the process of leveling the playing field for Google's travel advertisers and competitors in other verticals, the size of the impact would depend on the specifics. There will be a lot of wrangling — and this could be the beginning of the beginning.

Dennis Schaal, Skift | 4 years ago

Justice Department Very Close to Addressing Some of the Travel Industry’s Google Problems

Online Travel

$300 Million IPO Will Target Travel Company Acquisitions and Investments

Heads up, struggling booking platforms. A proposed IPO hopes to raise $300 million, and the company's founders may come looking for you. The list of pandemic opportunists grows.

Tom Lowry , Skift | 4 years ago

$300 Million IPO Will Target Travel Company Acquisitions and Investments

Online Travel

This Newly Public $500 Million Company Is Set Up to Go Shopping for Travel Acquisitions

Greg O'Hara and Noam Gottesman will be shopping for a winner, but unlike early stage investors, they can hunt for a travel company with an extensive track record. In the midst of a global pandemic, this is not a done deal, but you can bet a deal will get done.

Dennis Schaal, Skift | 4 years ago

This Newly Public $500 Million Company Is Set Up to Go Shopping for Travel Acquisitions