"If you haven't been following the story of American Apparel, the Wall Street Journal's version does very little to shed a light on it...While the SPAC offering process may be Googled and explicitly understood, and, to be sure, does indeed remain a controversial business undertaking (though Jamba Juice did just fine to this regard), this article does nothing to explain that process other than to suddenly state that 'Mr. Charney was now worth more than $580 million.'" Thanks, commenter fuckermost, for figuring out the stuff that we just glossed over!
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