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Blank check company Blue Wolf Mongolia raises $70 million in IPO

July 15, 2011

Blue Wolf Mongolia Holdings Corp., a blank check company led by former executives of Composite Capital and Warburg Pincus, raised $70 million by offering 7 million units at $10, as expected. Blue Wolf Mongolia Holdings Corp. plans to list on the NASDAQ under the symbol MNGL-U. Deutsche Bank Securities acted as lead manager on the deal.