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SPACs are the investment darling of the pandemic

Special purpose acquisition companies, or SPACs, have been all the rage for the past 12 months, but will the fever outlast the pandemic?

What do former Speaker of the House Paul Ryan, former NBA great Shaquille O'Neal and former nontraded real estate investment trust czar have in common?

They've all been busy pitching SPACs, an acronym for special purchase acquisition companies, during the Covid-19 pandemic, and these so-called b

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