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Special-purpose acquisition company

business entity created for acquisitions

Pronunciation
/ˈspɛʃəl - ˈpəːpəs ˌakwɪˈzɪʃən ˈkʌmpəni/
/ˈspɛʃəl - ˈpərpəs ˌækwəˈzɪʃən ˈkəmpəni/