Shareholders in Silicon Valley holding company Social Capital Hedosophia Holdings Corp. [NYSE:IPOA] approved a proposed merger and $700 million investment in Richard Branson’s space tourism venture Wednesday, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. Another $100 million will be invested by Social Capital Founder and CEO Chamath Palihapitiya, a former Facebook exec.
The…
Source: The Business Journal