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Mark Brod Quoted in the Financial Times on Growth of SPAC Mergers
01.26.21
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Corporate Partner Mark Brod was quoted in a Financial Times article titled, “Merger Monday for SPACs with $15bn worth of deals.” The article highlighted recent prominent M&A deals involving special purpose acquisition companies (SPACs) as well as the strong SPAC IPO market. Mark mentioned that the number and type of money managers investing in SPAC IPOs and related offerings continues to expand. “What was once a fairly niche product marketed to very sophisticated hedge funds has grown. There are a lot of hedge funds that do invest in SPAC offerings, but now there are a lot of traditional long-only investors . . . that are participating,” he said.
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