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SPAC-ulative finance
Blank-check deals come down to earth
One of the hottest investment tools in the past year and a half has imploded. But don’t give up on special purpose acquisition companies, or SPACs as these peculiar financial
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Arlington-based blank check company raises $300M in IPO
Capitol Investment Corp. V is a special purpose acquisition company
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Arlington-based Capitol Investment Corp. V raised $300 million through its initial public offering, the special purpose acquisition company (SPAC) announced Wednesday. Led by Chairman and CEO Mark D. Ein and