March 3, 2008
Strine CCU Transcript
The last ten pages are a must read for p/e lawyers. It sets forth his views on specific performance (hint -- not surprisingly he doesn't think it is a problem)
CCU TRO Documents
March 2, 2008
In a chilly IPO market, blank check companies are hot
The Austin American Statesman has an article examining the SPAC phenomenon: In a chilly IPO market, blank check companies are hot. The piece addresses the potential problems with SPACs and discusses my paper Black Market Capital which examines some of the underlying forces driving demand for SPAC investments.