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The SEC Spooked Ackman But Won't Stifle Novel SPAC Deals

By Benjamin Horney (July 19, 2021, 8:01 PM EDT) -- The termination of Bill Ackman's unconventional special purpose acquisition company agreement with music giant Universal Music Group serves as a cautionary tale for what can happen when trying untested structures that haven't been accepted by regulators, yet it likely won't stop deal makers from getting creative with SPACs....

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