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Dan Loeb’s Hated SPAC Deal Survives a Shareholder Vote
After first opposing a merger with Global Blue, the hedge fund manager backed down.
Dan Loeb’s troubled Far Point Acquisition Corp. averted becoming the biggest SPAC disaster of 2020 when shareholders voted Monday in favor of its deal to buy Global Blue, a Swiss payments company owned by Silver Lake Partners. But Loeb, whose Third Point hedge fund agreed to vote its shares for the
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