Valeska Pederson Hintz Quoted in Bloomberg Law—Ackman’s SPAC Twist Faces Slow Going With Risk-Wary Regulators

Valeska Pederson Hintz was quoted in the Bloomberg Law article "Ackman's SPAC Twist Faces Slow Going With Risk-Wary Regulators," regarding Bill Ackman's new "SPARC" vehicle, or special purpose acquisition rights company.

Valeska says, "SPARCs might only attract a small pool of dealmakers due to financing risks." She adds, "If you're not a super famous person like Bill Ackman, I don't see how you convince target companies they should announce a deal with you and spend all the time negotiating it in the hopes you're going to be able to rally all these rights holders."