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Immense Popularity Corp. recently completed an IPO that raised $1 billion. The company has no ...

djchewinggum

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Immense Popularity Corp. recently completed an IPO that raised $1 billion. The company has no operating business and the money raised was placed in a trust for the purchase of Gigantic Inc. in 6 months’ time. What kind of investment vehicle is Immense Popularity Corp.?

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reverse takeover

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private placement

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special purpose acquisition company

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equity carve-out

Textbook

Financial Management: Theory and Practice

Edition: 4^th

Authors: Brigham, Ehrhardt, Gessaroli, Nason

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catdaster

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More solutions for this book are available here

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djchewinggum Author

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this is exactly what I needed

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Thanks

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You make an excellent tutor!

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