"Special Purpose Acquisition Corps" (aka "Blank Check" IPOs) have recently been a fast growing method of raising capital and bringing companies public.
Wednesday, May 16, 2007
CNBC on "blank check" IPOs
Blank check IPOs, shell companies that promise to invest your money, but without saying what they'll invest in, with Michael Connors, Information Services Group chairman & CEO; Jennifer Reingold, Fortune Magazine senior writer and CNBC's Carl Quintanilla