The SPAC Race: Wall St Banks Jostle to get in on Hot New Trend

Kirkland partner Christian Nagler is quoted in a Financial Times article regarding a recent boom in special purpose acquisition companies (SPACS). 

Mr. Nagler discusses the trend and how SPACs contrast with traditional initial public offerings. 

“’The market is booming,’ said Christian Nagler, a partner at law firm Kirkland & Ellis. ‘All the major banks are focused on SPACs and we are seeing a huge increase in high-quality, first-time issuers.’”

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