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Bill Ackman’s cagey SPAC update sends shares soaring as investors dream up a mega-deal

·3 min read
Bill Ackman’s cagey SPAC update sends shares soaring as investors dream up a mega-deal

The billionaire investor's mega-SPAC has apparently been in talks with a mega-target for months and while a deal might be imminent or fall apart entirely, investors are already buying the hype on rumors that it's Stripe or Bloomberg.