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Another Blank Check Digital Media Acquisition Firm To IPO

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Another blank check digital media rollup firm is being started, by Phillip Frost, Miami’s billionaire entrepreneur in pharmaceuticals…Ideation Acquisition will offer shares to the public in the next several months to raise $78 million to $90 million, reports Miami Herald. The company, based in LA, plans to focus on businesses in the digital media sector.

Aug 20, 2007 5:55 PM ET

Posted In: Money, IPO

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