Tailwind Financial Inc Announces Liquidation
$100 million SPAC Tailwind Financial Inc will terminate on April 17, 2009 because the SPAC simply ran out of time. The liquidating distribution will equal approximately $8.18 per share.
After the close of trading of Tailwind’s shares on April 17, 2009, NYSE Alternext US LLC will suspend trading of its shares.
The SPAC's previous $99 million merger with Asset Corp and $600 million merger with GrandUnion called off due to market conditions.
Read the release here
After the close of trading of Tailwind’s shares on April 17, 2009, NYSE Alternext US LLC will suspend trading of its shares.
The SPAC's previous $99 million merger with Asset Corp and $600 million merger with GrandUnion called off due to market conditions.
Read the release here
posted by SPAC Information at
4/13/2009 05:52:00 AM
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