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     This is a related view to:
        Making sense of Apollo’s timing   by Colin Barr on 04/09/08

0 pt

Halcyon: Yet another alternative asset manager goes public

 Apr 09, 2008 10:46 PM UTC
Return Risk
-72.77% HIGH
Tracked Blogger
Symbol Sentiment Start Return Closed
AMV n/a

Over the past few years, we've seen a flood of special purpose acquisition company offerings (or SPACs). Basically, these are public companies that raise money to pursue acquisitions. It's a way to provide targets with some liquidity as well as a public vehicle (to do things like buy other companies).



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