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SPACs are Special Purpose Acquisition Companies that have become increasingly popular. These “blank cheque” companies list on the market with a view to acquiring in the future. Investors place their money in the hands of savvy private equity investors with a view to attractive profits in the future. However, why are they so popular and what types of companies have SPACs gone on to fund? In this episode, Susan HayesCulleton will take bring you on a tour of recent SPAC history so that we can discuss their future trajectory.
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