Hedge Funds Eye SPAC Mergers

A large number of firms, including Viking, Millennium, Citadel and Magnetar, have sizable stakes in at least three deals scheduled to be completed this week.

Michael Nagle/Bloomberg

Michael Nagle/Bloomberg

This is a big week for blank-check mergers.

A number of previously agreed upon deals are scheduled to be approved by shareholders, and the new companies are expected to begin trading.

In at least three of the deals, a slew of high-profile hedge funds are among the many significant investors.


To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.