This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. The SPAC attack continues. Lending startup SoFi on Thursday announced that it had agreed to merge with Social Capital Hedosophia Holdings Corp V, a blank-check company led by investor […]
With yields for other asset classes expected to rise, private market funding may lose some momentum. Read More
The U.S. is embracing the most sweeping anti-corruption reforms the country has seen in decades—and will do so with remarkably strong bipartisan support and little fanfare. With veto-proof majorities, Congress recently passed the National Defense Authorization Act, an annual bill generally meant to shore up U.S. defense spending. This year’s iteration folded in a piece […]
