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Virgin Galactic's reuseable, sub-orbital spacecraft on display at the Farnborough International Airshow, UK Virgin Galactic’s reuseable, suborbital spacecraft on display at the Farnborough International Airshow, UK. Photo: Steve Mann/Shutterstock.com

Latham & Watkins and Skadden, Arps, Slate, Meagher & Flom are advising two companies working together to create the first publicly traded human space flight company.

Virgin Galactic, the spaceflight arm of Richard Branson’s Virgin Group, announced Tuesday that it will merge with Social Capital Hedosophia, a public investment vehicle, to create the first publicly traded and owned spaceflight company. Latham is representing Virgin Group, and Skadden is representing SCH in the transaction, which is set to be completed in the second half of the year.

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Samantha Stokes

Samantha Stokes, based in New York, is a staff reporter at American Lawyer covering the business of law. You can reach her at [email protected] or on Twitter: @stokessamanthaj.

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