DFB Healthcare Acquisitions, a blank check company backed by Deerfield and led by the former CEO of Universal American, raised $250 million by offering 25 million units at $10, as expected. Sponsor Deerfield Management had planned to purchase $25 million of the IPO, and invest up to $100 million in a private placement upon an acquisition. DFB Healthcare Acquisitions plans to list on the Nasdaq under the symbol DFBHU. Goldman Sachs and Deutsche Bank acted as lead managers on the deal.
