Skadden-Led Firm Nets $250M In May's Second SPAC Listing

By Tom Zanki (May 9, 2024, 8:43 PM EDT) -- GP-Act III Acquisition Corp., a Skadden-led special-purpose acquisition company backed by multiple private investment firms, began trading on Thursday after completing a $250 million initial public offering, marking the second SPAC listing this month in an otherwise battered market....

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