Veteran investor Foley to raise $1.5 billion through two new SPACs

FILE PHOTO: Jun 21, 2017; Las Vegas, NV, USA; Vegas Golden Knights owner Bill Foley arrives on the red carpet before the 2017 NHL Awards and Expansion Draft at T-Mobile Arena. Mandatory Credit: Stephen R. Sylvanie-USA TODAY Sports

(Reuters) – Two blank-check firms, backed by veteran investor Bill Foley, are looking to raise as much as $1.5 billion through initial public offerings, according to regulatory filings on Wednesday.

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