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Blank check company Silver Eagle Acquisition files and sets terms for $250 million IPO

By: Renaissance Capital
Posted: 6/20/2013 6:25:00 PM
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Silver Eagle Acquisition, a blank check company focused on acquiring businesses in the media and entertainment industry, announced terms for its IPO on Thursday. The Santa Monica, CA-based company plans to raise $250 million by offering 25 million units at $10 per unit. Silver Eagle Acquisition, which was founded in 2013, plans to list on the NASDAQ under the symbol EAGL. Silver Eagle Acquisition initially filed confidentially on May 17, 2013. Deutsche Bank is the sole bookrunner on the deal.