EAGLU News

Four companies raised a combined $1.2 billion in the first active week of 2018. Fracking services provider Liberty Oilfield Services upsized its offering and traded up 28%, the best first day pop for an energy IPO since 2014. On the other hand, Industrial REIT Industrial Logistics Properties Trust priced its $480 million IPO well...read more

Platinum Eagle Acquisition, the fourth blank check company formed by entertainment veteran Jeff Sagansky, raised $300 million by offering 30 million units at $10, as expected. Platinum Eagle Acquisition plans to list on the Nasdaq under the symbol EAGLU. Deutsche Bank and BofA Merrill Lynch acted as lead managers on the deal....read more

Platinum Eagle Acquisition, a blank check company formed to acquire a media or entertainment business, announced terms for its IPO on Friday. The Los Angeles, CA-based company plans to raise $300 million by offering 30 million units at a price of $10. At that price, Platinum Eagle Acquisition would command a market value of $375 million. Platinum Eagle Acquisition was...read more

Double Eagle Acquisition, a blank check company formed to acquire media or entertainment businesses, raised $480 million by offering 48 million units at $10. It commands a market cap of $580 million. The blank check company could raise additional capital through the underwriter overallotment. Double Eagle Acquisitions had originally set terms to raise $400 million by offering 40...read more