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Technology Stocks : Blank Check IPOs (SPACS)
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To: Glenn Petersen who wrote (1472)1/18/2008 5:49:23 AM
From: Glenn Petersen   of 3862
 
It is worth noting that Eric Watson and John Ledecky, two of principles of Performance Acquisition Corp., are also the principles behind Endeavor Acquisition (stock symbol: APP), the blank check company that recently acquired American Apparel.

They are also the principles of Victory Acquisition (stock symbol: VRY) and Triplecrown Acquisition (stock symbol: TCW), two blank check companies that raised $330 million and $552 million, respectively when they went public earlier this year and Endeavor International Acquisition Corp. and Grand Slam Acquisition Corp., two blank check companies that filed their initial S-1 statements on December 26, 2007.

Endeavor International, Grand Slam and Performance combined are looking to raise $2 billion.
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