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Reuters 1/2 Thomas Barrack, Executive Chairman, Colony Northstar, speaks at the Milken Institute s 21st Global Conference in Beverly Hills, California, U.S. May 1, 2018. REUTERS/Lucy Nicholson Read More July 23 (Reuters) - Falcon Peak Acquisition Corp, the blank-check acquisition firmof former U.S. President Donald Trump s billionaire ally Thomas Barrack, withdrew its initial public offering registration on Friday after he was charged with illegal lobbying. The special purpose acquisition company, or SPAC, which had filed for a $250 million IPO in March, did not give a reason for the cancellation of the IPO in a regulatory filing on the move. A Barrack spokesperson declined to comment.

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