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Two deals set the tone in deal value last week—Jazz Pharmaceuticals buying GW Pharmaceuticals for $7.2 billion and CoreLogic being acquired for $6.2 billion by Stone Point Capital and Insight Partners. But there were also several SPACs also made buys that had valuations over $1 billion. 

The number of SPACs each week in 2021 continues to outpace the vehicle’s activity in 2020, which was a record-setting year itself. An additional 15 special acquisition companies formed in the last week, while eight others already in existence reported making buys over the last seven days.

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Patrick Smith

Patrick Smith, based in New York, covers the business of law, including the ways law firms compete for clients and talent, cannabis law and marketing innovation. Reach him at [email protected] or on Twitter at @nycpatrickd

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