29 September 2020

Making Billions Through SPACs

.... try $7B
Sep.29 -- SPAC mania continues this week. 
Yesterday, shareholders of Tortoise Acquisition Corp. approved a merger with Hyliion Inc., a battery-powered truck company. 
The move allows Hyliion to go public without an additional IPO and will make its 28-year old founder a billionaire. 
Bloomberg’s Dani Burger reports on “Bloomberg Daybreak: Europe.”

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