Frum Find The Place To Find All Things Frum (Blog): Israeli company hoping to ride new blank check wave - Globes: "MONDAY, DECEMBER 26, 2011
Israeli company hoping to ride new blank check wave - Globes
Israeli company hoping to ride new blank check wave - Globes: "Many SPAC companies are wound up because they fail to find a bride, but others fail in the process of obtaining approval from the US antitrust regulator for a merger. This procedure has become long and cumbersome, requiring a great deal of patience on the part of investors in SPACs, but a US law firm, Loeb & Loeb, has found a way of making it faster and less trying.
According to its website, Loeb & Loeb worked together with the US Securities Exchange Commission to develop its SPAC 2012 model, which it calls Innovated Public Acquisition Company (IPAC)""
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