News & Events - SPACs

  • May 29, 2008

    Fruit-basket sellers, biotech companies, coffee-shop chains: They have all fallen victim to this years chill in the market for initial public offerings. On Wednesday, Liberty Lane Acquisition joined the parade, electing to withdraw its public offering because of the oft-cited market conditions. ....

  • May 29, 2008

    ... The Hampton, N.H.-based special purpose acquisition company was being underwritten by Goldman Sachs (nyse: GS - news - people ), the firm's initial foray into SPAC's, to effect a merger or capital stock exchange with one or more operating businesses....

  • May 29, 2008

    Liberty Lane Acquisition Corp., a special purpose acquisition company (SPAC), said late Wednesday it canceled its proposed $350 million initial public offering due to market conditions...