Classic car insurer Hagerty to go public via SPAC in $3 billion deal with Aldel Financial

The Hagerty Price Guide predicts $378 million in total sales from the Monterey collector car auctions next week, spread across 1,400 vehicles on offer from six different auction companies through the Monterey peninsula leading up to the Pebble Beach Concours dElegance. David Paul Morris | Bloomberg | Getty Images Classic car insurance company Hagerty is going public via a special purpose acquisition company, in a deal valued at more than $3 billion. The merger with Aldel Financial will provide stock market investors with a way to invest in the fast-growing…

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