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|52 Week Range||9.05 - 10.27|
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Famed D.C. entrepreneur and investor Mark Ein will buy D.C. alt-weekly Washington City Paper in a deal expected to close in the first week of January and to return the 36-year-old newspaper to financial health and stability. Ein, chairman and majority owner of the Washington Kastles, Venturehouse Group LLC and Falls Church security company Kastle Systems, didn't disclose terms of the deal, but cited the need for high-quality journalism — "particularly today," he said. “Every thriving community needs strong local news, and Washington City Paper has been a critical part of the fabric of our city, and a great incubator of journalistic talent, for decades," Ein said in a statement.
The Class A ordinary shares and warrants will be listed on the New York Stock Exchange under the symbols CIC and CIC WS, respectively. Units not separated will continue to be listed on the New York Stock Exchange under the symbol CIC.U.
WASHINGTON , Aug. 22, 2017 /PRNewswire/ -- Capitol Investment Corp. IV (NYSE: CIC.U; the "Company"), an investment vehicle formed by investor and entrepreneur Mark D. Ein , announced today that ...
Two IPOs were completed last week: one a blank-check company and the other a video entertainment company.