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In some cases, the advantage of a SPAC is that it has a senior management team that will take over the acquired company (not unlike a PE deal). For some investo
by pge 5y ago
In some cases, the advantage of a SPAC is that it has a senior management team that will take over the acquired company (not unlike a PE deal). For some investors, this makes the target company more attractive than it would have been going public on its own without a management team.