Courtesy photo Deal Watch: Big Deals Shore Up March, SPAC Combinations Start to Hit Stride and Instacart Marks Itself Down
The end of the first fiscal quarter saw a strong January, a slow February and two megadeals to close out March.
March 28, 2022 at 05:39 PM
8 minute read
While the last full week in March didn't see a great number of larger deals, Berkshire Hathaway's acquisition of insurance company Alleghany and private equity firm Thoma Bravo's buy of software company Anaplan added over $22 billion in deal value to the end of the month.
Special purpose acquisition company activity continued at the reduced pace familiar so far in 2022, with four new SPACs registering with the U.S. Securities and Exchange Commission. There were also five new SPAC combinations. With hundreds of SPACs still out there looking for partners, the coming weeks should see more combinations announced as the window for making those deals begins to close on some of the SPACs created in early 2020.
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