Close icon
Two crossed lines that form an X . It indicates a way to close an interaction, or dismiss a notification. Left to right: Reid Hoffman, Joanna Coles, Kevin Mayer. Getty Images
A growing number of SPACs are focusing on acquiring media companies and taking them public.
Media vets like Charlie Ergen, Joanna Coles, and Greg Coleman are spearheading SPACs.
Insider identified 12 media SPACs worth watching in media, telecommunications, and entertainment.
A growing number of execs and investors are looking to cash in on media through special-purpose acquisition companies.
SPACs are blank-check companies set up to acquire and take companies public, often with less scrutiny, cost and time than a traditional initial public offering. SPACs have been viewed critically by some as riskier for investors, but they have boomed over the past year.
10 Best Value Stocks To Buy Now According To Seth Klarman
Billionaire investor and Baupost Group founder Seth Klarman is one of the most renowned value investors. Baupost Group managed to generate average returns of nearly 20% annually since founded in 1983. Seth Klarman’s value investing style is explained in his 1991 book, “Margin of Safety: Risk-averse value investing strategies for the thoughtful investor”.
Nowadays, some investors say that value investing strategies are less popular as investors are running behind high growth stocks even though these equities are trading at pricey valuations. Even though there is a cluster of stocks in bubble territory, we disagree that “value stocks” underperformed growth stocks. We believe traditional value investors sucked at identifying value stocks like Apple Inc (