Website: N/A
Stock Symbol: NYSE: KW
Market Value: N/A (in millions)
Prospect Acquisition Corp. is a blank check development stage company organized
under the laws of the State of Delaware on July 9, 2007. We were formed to
acquire control of, through a merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or other similar business combination, one or
more businesses or assets in the financial services industry. Other than
interest income, we have not generated revenue to date. We are considered to be
in the development stage and are subject to the risks associated with activities
of development stage companies. Since our initial public offering in November,
2007, we have been actively engaged in identifying a suitable business
combination candidate. We have met with potential target companies, service
professionals and other intermediaries to discuss our company, the background of
our management and our combination preferences.