Betsy Cohen Predicts About 30% of SPACs Will Bust

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Bloomberg Markets and Finance published this video item, entitled “Betsy Cohen Predicts About 30% of SPACs Will Bust” – below is their description.

Oct.06 — Serial blank-check company dealmaker Betsy Cohen says about 30% of all special purpose acquisition companies in the market will fail. “Either they won’t be able to find companies in the time frame or they will find companies within that time frame but the public market investors will not support them,” Cohen said at at the Bloomberg Invest Global conference Wednesday.

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