Tim Horton's Carveout

This is a text book quality example of an IPO. Not only is a well known company, it has altered its price range, offered its investment bankers a Green Shoe Option, but the parent Wendy's is only carving out a portion of the firm and then plans on spinning off the rest later.Globeandmail.com : Tim Hortons boosts IPO price: "Tim Hortons Inc. is boosting the price of its stock and granting its