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Simon Property Group Looks To Raise $300 Million For Shell Company

PYMNTS

Simon owns such properties as the upscale Copley Place in Boston. A SPAC, or blank-check company, has no commercial operations, but is formed to raise cash and go shopping for an existing company or companies to acquire. Indianapolis-based Simon said the IPO will offer 30 million “units” at $10.

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121 Of The Biggest, Costliest Startup Failures Of All Time

CB Insights

Australian music streaming company Guvera has reportedly stopped operating, with its co-founder and biggest financial backer walking away from the project. ” via Indianapolis Business Journal. Select VC Investors: Khosla Ventures, Alberta Investment Management Corporation, Artis Capital Management. Company: Guvera.

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