On the 20th anniversary of its bankruptcy filing, the Enron management team is reportedly looking into completing a SPAC deal.
“We believe this is the right time to get back into the markets,” said Enron executive Jeff Skilling. “We believe that after a few dormant years, it’s the perfect time to jump back into the market with a SPAC deal.”
According to one investment banker working with SPAC investors, demand for the deal from investors is already off the charts and will be oversubscribed.