SPAC 'Frenzy' Led To $1.6B Deal For Dog Treat Co., Suit Says
By Katryna Perera ( March 26, 2024, 9:13 PM EDT) -- Shareholders of a special-purpose acquisition company that merged with dog-treat box company BarkBox in a $1.6 billion deal have sued the executives and directors of both entities, alleging they breached their fiduciary duties in connection with what the complaint calls "an extreme example of the 'churn-and-burn' SPAC frenzy."...
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