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Technology Stocks : Blank Check IPOs (SPACS)
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To: Elroy who wrote (45)2/12/2005 2:23:27 PM
From: Glenn Petersen   of 3862
 
Not much of a pop, but then again, they don't have a deal, just the right to negotiate a deal.

...following a competitive bidding process, it executed an agreement providing for an exclusive period to negotiate definitive documentation to acquire all of the shares of Navios Maritime Holdings Inc.

I would expect a pop only if they reach an agreement and disclose the terms.
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