Wall Street’s Pandemic Darling is Fizzling Out: Bloomberg Deals

June 24, 2022, 4:40 PM UTC

Hi, it’s Lizzie in New York. In today’s newsletter we’re looking at what seems like the end of the SPAC party. Plus, Zendesk agrees to a private equity takeover and the eternal optimism of SoftBank’s Masayoshi Son.

Today’s top stories


  • Zendesk to be bought by investor group for $9.5 billion.


  • Deutsche Bahn leans toward postponing sale of Schenker unit.


  • SoftBank’s Son still deciding where to list chip giant Arm.


  • SSW Partners preparing auto supplier Veoneer for sale.

Reality check

Working on a team that covers the SPAC market over the last two-and-a-half years has been a wild ride. From the early days of the ...

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