Abstract
This comment presents a comparative study of Special Purpose Acquisition Companies (SPAC) in the international context and the United States. In the course of examining international SPACs, it is necessary to first discuss and analyze the history and development of private equity and how SPACs became established players in the domestic and international markets. This comment will examine the impact that these short-term investment devices have had for investors, SPAC management, and private companies. The paper will evaluate the perceived advantages and disadvantages of using a SPAC as an acquisition form, as well as reflect on potential future developments pertaining to both the United States and the international setting. While a particular emphasis is set forth as to Europe and Asia, this scholarship aims to advance ideas and make reflections applicable to the entire international community.
Recommended Citation
Brandon Schumacher,
A New Development in Private Equity: The Rise and Progression of Special Purpose Acquisition Companies in Europe and Asia,
40
Nw. J. Int'l L. & Bus.
391
(2020).
https://scholarlycommons.law.northwestern.edu/njilb/vol40/iss3/4
