Winston & Strawn, Loeb & Loeb Steer 2 IPOs Worth $660M

Law360 (March 6, 2020, 6:03 PM EST) -- Two blank check companies, one with a $600 million initial public offering guided by Winston & Strawn and the other a health-focused venture with a $60 million IPO advised by Loeb & Loeb, began publicly trading on Friday.

Flying Eagle Acquisition Corp., the sixth special purpose acquisition company created by investors and former media executives Harry Sloan and Jeff Sagansky, started trading on the New York Stock Exchange following the pricing of its $600 million IPO, upsized from $500 million, selling 60 million units at $10 each. The purchase of each unit includes one share of common stock and one-fourth of a...

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