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Blank-check co. Crescent Funding seeks up to $288 million in IPO

“The Los Angeles-based blank check company plans to sell up to 28.75 million shares at $10 a piece” writes Wallace Witkowski for The company formed to effect “a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses,” but has yet to identify and potential targets.

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