Facebook Billionaire Eduardo Saverin’s B Capital Halts SPAC Plans Amid Market Volatility

B Capital—an investment firm led by Facebook cofounder Eduardo Saverin and former Bain Capital executive Raj Ganguly—won’t pursue an earlier plan to launch a special purpose acquisition company (SPAC)...

Facebook Billionaire Eduardo Saverin’s B Capital Abandons SPAC Plans Amid Market Volatility

B Capital—an investment firm led by Facebook cofounder Eduardo Saverin and former Bain Capital executive Raj Ganguly—won’t pursue an earlier plan to launch a special purpose acquisition company (SPAC)...