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Dan Loeb’s SPAC Flop Hasn’t Kept Him Away From Blank-Check Companies

Third Point invested more than $550 million into some of the biggest special purpose acquisition companies last year.

Dan Loeb’s Third Point, whose SPAC merger with Global Blue was one of 2020’s duds, nonetheless jumped on the blank-check company bandwagon later in the year. Third Point had more than $550 million invested in SPACs, or special purpose acquisition companies, by the end of last year, according to SPAC Research. All

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