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(PSTH), Calgon Carbon Corporation (NYSE:CCC) - Why Kevin O'Leary Is Betting On Bill Ackman's Pershing Square Tontine SPAC


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Investor Kevin O’Leary presented at the inaugural Benzinga Global Small Cap Conference. Among the many topics he covered in his presentation was his thoughts on SPACs.
O’Leary On SPACs: SPACs are a competition to private equity, O’Leary told Benzinga s Jason Raznick on Wednesday.
“The key to SPACs is the sponsor,” O’Leary said. Among the SPACs that O’Leary has bought are ones from Bill Ackman, Michael Klein and Alec Gores.
“I only buy the deals where I know the sponsor has been a player successfully in private equity.”
The team at Ackman’s SPAC, which is ....

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