Usually means: Company formed to acquire another.
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We found 6 dictionaries that define the word blank check company:

General (3 matching dictionaries)
  1. blank check company: Wiktionary
  2. blank-check company: Dictionary.com
  3. blank check company: Merriam-Webster

Business (3 matching dictionaries)
  1. Blank-Check Company: Investopedia
  2. blank-check company: Financial dictionary
  3. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (blank check company)

noun:  (business, informal) A company that exists solely for the purpose of merging with or acquiring another entity.

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