Classic Car Insurer Hagerty to Go Public Via SPAC in $3 Billion Deal With Aldel Financial - NewsBreak
By Tarikul in Business
Updated 3 years ago
Classic car insurance company Hagerty is going public via a special purpose acquisition company. The merger with Aldel Financial will provide stock market investors with a way to invest in the fast-growing classic car market. Values for classic cars are up 6% over the past year, and 193% over the...