Why SPAC Investors Should Listen to the Market

Special purpose acquisition companies (SPACs) have raised around $22bn from investors since 2003, and comprised 20% of total funds raised in US IPOs in 2007. SPACs are interesting structures - allowing investors a risk-free option to invest in a future acquisition. However, we show that more than on...

Full description

Bibliographic Details
Main Authors: Jenkinson, T, Sousa, M
Format: Journal article
Published: 2011
Search Result 1
Search Result 2