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Clearinghouse Apex to go public via $4.7 bln deal with Ledecky SPAC

Reuters2021-02-22

Feb 22 (Reuters) - Securities clearinghouse Apex Clearing Corp said on Monday it had agreed to go public through a merger with a blank-check firm backed by New York Islanders co-owner Jon Ledecky, in a deal that values the company at $4.7 billion including debt.

(Reporting by Sohini Podder in Bengaluru; Editing by Aditya Soni)

((sohini.podder@thomsonreuters.com;))

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