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: Securities Law Prof Blog

SPACs Raise Big Bucks from Investors

By Securites Lawprof

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SPACs (Special Purpose Acquisition Companies, f/k/a blank check companies) are hot, even though, as former SEC Chair Arthur Levitt puts it, they are "the ultimate in terms of lack of transparency." Since 2003, SPACs have raised about $20 billion in...

Full post as published by Securities Law Prof Blog on February 18, 2008 (boomark / email).

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