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Case 9 De-SPACing (Darden Business Publishing) Should Maya Botti recommend that the fund she is working at vote positively for the merger of Forum II

Case 9 De-SPACing (Darden Business Publishing)

Should Maya Botti recommend that the fund she is working at vote positively for the merger of Forum II with Ittella and remain as an investor in the merged company or liquidate its investment?

Lets step back: Should an institutional investor such as a hedge fund or a Private Equity invest in the SPAC in the first place? Why or why not? What criteria would you use to evaluate such an investment?

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