Simon Property Group's SPAC Could Be Worth a Look
Investing in any special purpose acquisition company, or SPAC, that hasn't yet identified a target to take public is essentially a bet on management. That's why Fool.com contributor Matt Frankel, CFP, thinks Simon Property Group Acquisition Holdings (NYSE: SPGS.U) could be worth a look. In this Fool Live video clip, recorded on March 1, Frankel and Industry Focus host Jason Moser discuss why the SPAC's sponsor Simon Property Group (NYSE: SPG) has a talent for allocating capital and could leverage its scale and expertise to deliver value for its shareholders.
Source Fool.com
