Posts for Ticker ‘ARR’

Some Miracle SPAC Deals Succeed, Some in De-Listing Danger (NLX, CIO, ARR, BPW, TLB, UEI)

We have been given some exclusive coverage on the recent developments in special purpose acquisition companies and blank check companies from SPACupdate.com this morning.  There have been key developments in Overture Acquisition Co. (AMEX: NLX), Asia Special Situation Acquisition Co. (AMEX: CIO), ARMOUR Residential REIT Inc. (ARR), BPW Acquisition Co. (AMEX: BPW), The Talbots Inc. (NYSE: TLB), and Ultimate Escapes (AMEX: UEI).  We have details on each below.
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SPAC Developments Ramping Into Year-End (KWIC, TWO, UEI, ARR, AXG, NLX, BPW, TLB, URX)

To close out the year, SPACs are pumping out deals one after another. However, as of late, some blank checks have not fared as well, and the NASDAQ and OTC Bulletin Board could become increasingly populated with blank checks’ targets that are elbowed from the AMEX. SPACupdate.com will follow up soon with our picks for the best—and worst—blank check mergers of 2009.  Two Harbors Investment Corp. (AMEX: TWO), Kennedy-Wilson Inc. (AMEX: KWIC), Ultimate Escapes Inc. (AMEX: UEI), ARMOUR Residential REIT Inc. (ARR), Atlas Acquisition Co. (AMEX: AXG), Overture Acquisition Co. (AMEX: NLX), BPW Acquisition Co. (AMEX: BPW), and United Refining Energy (AMEX: URX) all have key developments taking place right now and into year-end.
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