Friday, June 15, 2007
Tom Hicks files for IPO
Hicks hopes to raise $400 million through the IPO.
Photo not provided by Hicks Acquisition Co.
You could acquire a lot of hicks for $400 million
DALLAS — According to this story in the Dallas Business Journal, it appears Tom Hicks' company Hicks Acquisition Co. is planning on selling 40 million units at $10 a share as part of their initial public offering.
Hicks Acquisition Co. was formed as a "blank check" company to buy other businesses, although no specific industry was targeted and no business prospects were identified.
Posted by Todd M.
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