Victory SPAC Follows Endeavor

Victory Acquisition Corp., a New York-based blank check acquisition company has filed for a $250 million IPO. It plans to trade on the AMEX, with Citigroup serving as lead underwriter. Most of Victory's management team was involved in a prior SPAC called Endeavor Acquisition Corp., which purchased American Apparel Inc. last December. Those managers include: Chairman Eric Watson, also chairman of Cullen Investments Ltd.; President Jonathan Ledecky, founder of U.S. Office Products and; Director Edward Matthias, a partner and managing director of The Carlyle Group.