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Too Embarrassed To Ask: what is a SPAC?

Duration: 02:23Views: 4.1KLikes: 86Date Created: Jan, 2021

Channel: MoneyWeek

Category: Education

Tags: specialchartspurposespaccompanyinvestingacquisitionstockfinance

Description: A financial instrument called a “special purpose acquisition company”, or SPAC for short, is growing increasingly popular in the US stockmarkets. But what exactly is a SPAC?

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