Shachmurove, Yochanan; Vulanovic, Milos - 2013
In this study we examine how Specified Purpose Acquisition Companies (SPACs) were used as a financing tool for … companies in the shipping industry in period 2004-2011. We confirm that SPACs focused on acquisitions in the shipping industry … characteristics differ, SPACs focused on shipping are larger in size than the rest of SPACs, have larger number of underwriters in …