Saturday, April 26, 2008

IPO cancellations

With market volatility high and liquidity low many firms are pulling their equity sales. From the NY Times' Deal Book.A Tale of Two Public Offerings - Mergers, Acquisitions, Venture Capital, Hedge Funds "At $24 billion, the volume of new issuances in the United States actually doubled in the first quarter from a year earlier. But if you exclude the gargantuan stock sale from Visa, the total

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