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Odd Lots — Why Blank Check Companies Are The Hottest Thing This Year
Not scored yet49m·2020-09-10·Money

Why Blank Check Companies Are The Hottest Thing This Year

Odd Lots

SPACs have been around a long time. The basic premise is that a group of people raise a bunch of money from public market investors, with the premise of then going out to buy a specific, individual company. They're seen as an alternative to IPOs. While historically they've had a reputation for some questionable deals,…

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