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Page 2 - Ramey Layne News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SPAC surge may benefit targets that can play a waiting game

From Bloomberg: Special purpose acquisition companies, which raise money to make an unspecified purchase, typically have to beat a two-year deal deadline to avoid returning billions of dollars to investors. After a recent surge in issuance, next year could see their potential targets courting an unprecedented wave of suitors.

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