pace holdings corp.
Pace Holdings Corp. Shareholders Approve Business Combination with Playa Hotels & Resorts
Playa Hotels & Resorts | March 2, 2017
FAIRFAX, Va. & FORT WORTH, Texas-- March 2, 2017 -- Pace Holdings Corp. ("Pace") (NASDAQ:PACE), a special-purpose acquisition company sponsored by an affiliate of TPG, today announced that shareholders of Pace have approved the previously announced business combination (the "Business Combination") of Pace and Playa Hotels & Resorts ("Playa"), a leading owner, operator, and developer of premier all-inclusive resorts, with over 99% of the voted shares voting in favor of the Business Combination. The transaction will result in an anticipated initial enterprise value of approximately $1.75 billion for the combined company....
Playa Hotels & Resorts and Pace Holdings Corp. Combine Under Playa Name
Playa Hotels & Resorts | December 14, 2016
FAIRFAX, Va. & FORT WORTH, Texas-- Playa Hotels & Resorts B.V. ("Playa"), a leading owner, operator, and developer of premier all-inclusive resorts, announced today that it has entered into a definitive business combination agreement with Pace Holdings Corp. ("Pace") (NASDAQ:PACE), a special-purpose acquisition company sponsored by an affiliate of TPG. The combined company will retain the Playa name and will be a publicly listed company with an anticipated initial enterprise value of approximately $1.75 billion. The transaction will be a catalyst to accelerate Playa's growth strategy by providing $500 million of additional capit...
