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TPG blank check company Pace Holdings prices $400 million IPO at $10 per unit

September 11, 2015

Pace Holdings, a TPG-backed blank check company led by the co-founder of Hotwire.com, raised $400 million by offering 40 million shares at $10, as expected. Pace Holdings plans to list on the Nasdaq under the symbol PACEU. Deutsche Bank and Citi acted as lead managers on the deal.