Donald Trump explored the launch of a special purpose acquisition company (Spac) in late 2007, Euromoney has learned.
The deal would have been done via Deutsche Bank, one of the few big Wall Street firms willing to work with Trump at the time, after his repeated business bankruptcies.
Trump wanted to exploit a blank-check vehicle boom in 2007 that would not be matched in annual Spac deal issuance by volume until a renewed mania for launches in 2020.
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