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mgm national harbor casino 24 hourssaid it’s merging with special purpose vehicle Flying Eagle Acquisition Corp. The outcome of that is the acquired firm usually goes public, rewarding both its early investors and the SPAC backers.News of Murren’s possible foray into the world of special purpose vehicles comes after hedge fund legend Bill Ackman raised billion in a SPAC IPO in July. He’s correct about that. clearwater casino weatherSPACs, also known as blank check companies, raise capital through an initial public offering (IPO) and use those proceeds to buy another entity. Former MGM CEO Jim Murren, seen here in January, is considering launching a SPAC. The outcome of that is the acquired firm usually goes public, rewarding both its early investors and the SPAC backers.News of Murren’s possible foray into the world of special purpose vehicles comes after hedge fund legend Bill Ackman raised billion in a SPAC IPO in July. admiral casino verification

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