General World News

Aurora stays course on Better.com merger

Blank check company Aurora Acquisition Corp. said on Monday that Vishal Garg is still Better.com‘s CEO, and that it will keep the proposed merger with the digital mortgage lender.

The communication comes after Garg took leave early this month in response to an onslaught of negative media coverage because he laid off 900 employees via Zoom.  

Garg is on leave to “reflect and refocus” but will remain the company’s CEO, the SPAC said in a document filed with the Securities and Exchange Commission (SEC).

Kevin Ryan, the chief financial officer and a former executive at Morgan Stanley, will details ⇒

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