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Why SPACs are booming in 2021

SPACs, which stands for special purpose acquisition company, are surging. From January to February, there have been $70 billion dollars in SPAC transactions. In 2020, there were $83 billion dollars total. Leslie Picker joins 'The News with Shepard Smith' to explain why SPACs are booming, including interest from Hollywood celebrities.
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Fri, Mar 5 20217:40 PM EST