Okada Manila Wins Legal Battle, SPAC Deal Can Be Canceled
Okada Manila has secured a significant legal victory as a court ruled that its SPAC (Special Purpose Acquisition Company) deal can be terminated. The ruling allows the company to back out of the agreement, which had been a point of contention. This decision marks a key moment in the ongoing legal and financial saga surrounding the deal. Okada Manila, a major resort and casino operator, is now able to explore other options moving forward.
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