Why is a smaller promote better for public shareholders in a SPAC? Co-portfolio manager Roy Behren explains in Jessica DiNapoli and Joshua Franklin’s Reuters piece, “Analysis-Investors push back on blank-check company insiders’ payout bonanza.”

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Westchester Capital Q3 Review

Guest author, Westchester Capital’s Managing Director of Strategic Accounts and Investor Relations, Jody Harris Stern, discusses the drivers behind our funds’ Q3 performance and offers her insights on the global markets in our Q3 Quarterly Review for shareholders.