Blank check preferred stock allows companies to issue new preferred shares without immediate shareholder approval. Learn its use in raising capital and defending against takeovers.

(Reuters) -Chamath Palihapitiya, dubbed Wall Street's "SPAC king" for his high-profile blank-check deals, is set to take his latest special purpose acquisition vehicle public, marking his return to ...

Oct 19 (Reuters) - A blank-check company backed by private equity firm Cerberus Capital Management downsized its initial public offering on Monday, a sign the SPAC frenzy that has gripped U.S. markets ...