Another Sign of Frothy Markets: Blank-Check Boom

"Milos Vulanovic, a professor at Edhec business school in Paris, who studies SPACs, says on average they perform poorly, but he has found common factors to some that do well. SPACs focused on the shipping industry, for example, happen to have performed particularly well, returning on average 154%."

Cited As:

Milos Vulanovic

Associate Professor of Corporate Finance

Paul J. Davies

Journalist

"Milos Vulanovic, a professor at Edhec business school in Paris, who studies SPACs, says on average they perform poorly, but he has found common factors to some that do well. SPACs focused on the shipping industry, for example, happen to have performed particularly well, returning on average 154%."

Type: Press article
Date: le 11/12/2017
Research Cluster : Finance
Source : Wall Street Journal

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