Jeffrey Smith speaking at the 2017 Delivering Alpha conference in New York on Sept. 12, 2017.
David A. Grogan | CNBC
(This story is for CNBC Pro subscribers only.)
Activist investor Jeffrey Smith has long approached his business differently than most of the rest of the investing community. The CEO of Starboard Value's brand new special purpose acquisition company SVACU is no different.
Amid the boom in SPACs right now, SVACU — which will seek to target a private company to merge with — opened at $10 per share last week, raising about $360 million.
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Starboard's Jeff Smith explains his market-beating strategy and how he'll apply it to his new SPAC - CNBC
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