Blank check company Landcadia prices IPO at $10

Landcadia Holdings, a blank check company formed by the CEOs of Landry's and Jefferies to acquire an entertainment business, raised $250 million by offering 25 million shares at $10. It originally planned to raise $300 million by offering 30 million shares. Landcadia Holdings plans to list on the Nasdaq under the symbol LCAHU. Jefferies and Deutsche Bank acted as lead managers on the deal.