Billionaire Bill Foley Is SPAC Market’s Overlooked Star
April 12, 2021 by Amrith Ramkumar
Fast-trading, social-media-obsessed investors have driven the special-purpose acquisition company craze. One of the biggest SPAC creators is a staid insurance executive who wants nothing to do with them.
Billionaire Bill Foley, owner of the Vegas Golden Knights team in the National Hockey League, has bypassed unproven electric-car makers and speculative space companies and instead focused on solid, sustainable businesses.
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Originally Posted at The Wall Street Journal on April 4, 2021 by Amrith Ramkumar.
Categories: Industry Articles