, Columnist
SoftBank Billionaire Puts a New Spin on SPAC Mania
In theory the SoftBank SPAC could merge with one of its Vision Fund investments. It really shouldn’t.
Duck and rabbit.
Photo: Bloomberg
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It seems like everyone’s launching a special purpose acquisition company these days, but you could have bet on Softbank Group Corp. maestro Masayoshi Son and his lieutenant Rajeev Misra finding a way of putting an eyebrow-raising spin on the blank-check phenomenon. They haven’t disappointed.