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.
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.