NRDC blank cheque company seeks immortality
The special purpose acquisition vehicle set up by NRDC in 2007 is urging stockholders to allow it to continue operations as a REIT after failing to find a target business. The SPAC, which raised $414m in its 2007 IPO, will legally have to liquidate in October if shareholders say no.
21 January 2013•2 mins read
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