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Two Hedge Fund Blank-Check Companies Reach Deals

Special-Purpose Acquisition companies sponsored by Third Point and Mudrick announced mergers this week.

This is a big week for special-purpose acquisition companies sponsored by hedge funds.On Tuesday Mudrick Capital Acquisition Corporation, sponsored by Jason Mudrick’s Mudrick Capital Management, announced it will merge with Hycroft Mining Corporation, a gold and silver producer operating the Hycroft mine in Northern Nevada.Then on Thursday Far Point Acquisition

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