Shaq, Ciara and A-Rod have one. But are SPACs, the latest investment craze, right for you?
Shaq, Ciara and A-Rod have one. But are SPACs, the latest investment craze, right for you? Craig Harris, USA TODAY NBA great Shaquille O'Neal is part of one. So are superstar singer Ciara, lifestyle guru Martha Stewart, rocker Sammy Hagar and retired baseball slugger Alex Rodriguez. These celebrities and many others have become the public faces, part owners and in the case of A-Rod, the chief executive, of special purpose acquisition companies or SPACs — one of the hottest trends on Wall Street and an investment that has grown popular with the general public. SPACs, ...
Source: msn.com