Forbes Plans to Go Public via Merger with SPAC

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By Alexdemarco in Business
Updated 3 years ago

Many companies are said to have shown interest in working with Forbes in its attempt to go public. Forbes Media LLC, information and publishing media has been said to be working on merging with Special Purpose Acquisition Company (SPAC) as it works to go public. According to reports, the company has received many interests, with Borderless Services Inc proposing a bid of $700 million. It has been reported that these bids would cause Forbes to remain a privately held company.

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