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Message: <blockquote data-quote="Daniel Boden" data-source="post: 30836" data-attributes="member: 487">Equally, in other buyout news, Bill Ackman is back in the headlines again, this time seeking to raise a record $6.5 billion for a special purpose investment vehicle, known as a SPAC. These are different from normal investment funds because the company is raising the funds without a particular target in mind, hence the 'blank cheque'. These types of acquisition vehicles are popular with investors because if the firm is unable to find a suitable investment then the money is returned to investors, normally after a 2-year period.As ever, here is more below:Ackman’s Blank Check Company Could Raise Up to $6.45 Billion<a href="https://pe-insights.com/news/2020/06/23/ackmans-blank-check-company-could-raise-up-to-6-45-billion/" target="_blank">https://pe-insights.com/news/2020/06/23/ackmans-blank-check-company-could-raise-up-to-6-45-billion/</a>Ackman’s ‘blank cheque’ company looks to raise up to $6.5bn<a href="https://www.ft.com/content/83fd1ba6-899c-40f9-876b-a0db4f7ff712" target="_blank">https://www.ft.com/content/83fd1ba6-899c-40f9-876b-a0db4f7ff712</a></blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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