SPAC Led By Airline Entrepreneur Ed Wegel Goes Public

Ed Wegel pictured when he was CEO of the revived Eastern Air Lines.
Credit: Gustavo Caballero/Getty Images
Shares of a new special purpose acquisition company (SPAC) headed by serial U.S. airline entrepreneur Ed Wegel of Eastern Air Lines and Global Crossing Airlines started trading on the Nasdaq stock exchange Nov. 4 in anticipation of a merger with an aerospace, aviation or related services company...

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