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...The target company expects to receive the money, which is held in a trust account by the Spac, but as the asset class has fallen out of favour, investors have chosen to redeem their cash in large volumes...
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...Commemorating 1973 is important because “the blueprint was put down [then]”, said Matthew Phillip, chief executive of Carnival Village Trust, which oversees the event....
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...“It is always better to have transparency, because you would rather trust the numbers than someone’s word.”...
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