Hedge Fund Elliott Management Explores a $1B SPAC Launch: Report

Elliott Management

Elliott Management, the hedge fund best known for its high-profile shareholder-activist campaigns, is looking to join the sizzling SPAC craze, The Wall Street Journal reports.

The firm, founded by billionaire Paul Singer, has been meeting with bankers about raising more than $1 billion for a SPAC, the Journal reports, citing people familiar with the matter. Read more.

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