Last week saw M&A headlines swallowed up by the blockbuster buy of Slack by Salesforce, and while no $20 billion-plus deals took place the remainder of the week, there was still a lot of action, especially in logistics, and a deal announced Monday that once again reinforces that SPACs are here and they are getting bolder.  

On Monday, it was announced that Foley Trasimene Acquisition Corp II, a SPAC company headed by Las Vegas Golden Knights (NHL franchise) owner Bill Foley, agreed to a merger with London-based fintech company Paysafe in what will create a $9 billion entity trading under the symbol “PSFE” on the New York Stock Exchange.

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