Wilbur Ross' blank check company WL Ross Holding prices upsized IPO at $10

By Renaissance Capital,

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WL Ross Holding, a blank check company formed by private equity manager Wilbur L. Ross, raised $435 million by offering 43.5 million shares (vs. 40.0 million shares initially planned) at $10, as expected. WL Ross Holding will list on the NASDAQ under the symbol WLRHU. The company initially filed confidentially on April 7, 2014. Deutsche Bank and BofA Merrill Lynch acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: News Headlines IPOs
Referenced Stocks: WLRHU

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