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How SPACs & Bitcoin Disrupt Common Wisdom Of Investing Daniele D'Alvia, Teaching Fellow in Banking and Finance Law, Queen Mary University of London. _____ What do Taylor Swift's record company and Asian "superapp" Grab have in common? They are both part of Wall Street's recent dealmaking fad: special purpose acquisition companies (SPACs). SPACs are shell companies that are floated on the stock market with
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