Why SPACs Are Booming

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Many young private companies would prefer to merge with a SPAC -- or special purpose acquisition company -- rather than undertake an IPO. But increased regulatory scrutiny and other factors could temper the market, Wharton experts say.

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Many young private companies would prefer to merge with a SPAC — or special purpose acquisition company — rather than undertake an IPO. But increased regulatory scrutiny and other factors could temper the market, Wharton experts say.

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