Tile Shop to Go Public in Merger With ‘Blank Check’ Company – NYTimes.com

Tile Shop to Go Public in Merger With ‘Blank Check’ Company – NYTimes.com.

nader nazemi

The Tile Shop

This is a great strategy for private companies to quickly go public and avoid all the hassle of IPOs etc..

The Tile Shop, a retailer of high-end tiling, agreed on Wednesday to merge with a so-called blank-check company in a move to go public.

Under the terms of the deal, Tile Shop will merge with the JWC Acquisition Corporation, a special purpose acquisition company formed under the auspices of theprivate equity firm J.W. Childs, in a transaction valued at about $500 million.

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