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Blank Check Company TPG Pace Holdings prices $400 million IPO at $10

June 27, 2017

TPG Pace Holdings, a TPG-backed blank check company formed by Hotwire.com founder Karl Peterson, raised $400 million by offering 40 million shares at $10. TPG Pace Holdings plans to list on the NYSE under the symbol TPGH.U. Deutsche Bank, Goldman Sachs and J.P. Morgan acted as lead managers on the deal.