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Chamath Palihapitiya to take Clover Health public in another SPAC deal worth $3.7 billion

Chamath Palihapitiya Olivia Michael | CNBC Chamath Palihapitiya has found his next SPAC target — Clover Health, a Medicare insurance startup backed by Alphabet. Clover will go public via a merger with Social Capital Hedosophia Holdings Corp. III, a special purpose acquisition company. The deal values Clover at $3.7 billion […]