Starboard, Glenview, and Third Point vehicles have dipped below their IPO prices.
Michelle CelarierOctober 27, 2020
Jeffrey Smith, CEO of Starboard Value LP.
(Michael Nagle/Bloomberg)
Blank-check companies — SPACs whose sole purpose is finding private companies to merge with — may be the hottest investment trend of 2020, with close to $60 billion raised through these vehicles. But a number of the most prestigious hedge fund are seeing their
To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.