The IPO Buzz: A Mighty Fortress
iposcoop.com
Starts off:
..."At last count, the calendar was into the double digits. Fourteen companies are planning to go public this week, which just happens to be the week before Valentine’s Day, on Feb. 14. Now that’s a pre-holiday rush. If all of these deals get priced, they could raise over $3.1 billion. That’s big.
And things got a lot more exciting on Friday morning.
The anxiously awaited hedge fund, Fortress Investment Group (NYSE: FIG proposed), makes its debut on Friday. The offering was not on the calendar Thursday afternoon.
Here’s what happened."....
Ends with
..."So how is the deal viewed by IPO buyers? It’s hot. It shouldn’t come as a surprise if it’s on everybody’s “Most Wanted” list with the IPO reaching for the stars when it starts trading on Friday morning."...
hedge fund, Fortress Investment Group (FIG)
ipohome.com ),
This week’s IPO calendar boils down to one word: Busy.
iposcoop.com
IPOhome's Featured IPO is : National CineMedia (NCMI)
ipohome.com
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NOTE there are several blank check companies IPO'g .
They are formed for the purpose of acquiring through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination one or more businesses or assets, which they tend to refer to as initial business combination.
They may be listed as units with stock symbols reflecting a .U ; or -U ; or with a UN designation, depending on what website you use to get quotes. There are also some foreign companies that may be listed a ADRs, etc. (examples Vaughan Foods, Inc ; Victory Acquisition Corp ; DG Acquisition which was withdrawn ; Information Services Group ; Union Street Acquisition ; NTR Acquisition Co. ; possibly Converted Organics, Inc ; possible Vaughan Foods, Inc ; etc )
A few Examples:
COIN-U, DEK-U, FOOD-U, FRH-U, III-U, NTQ-U, USQ-U
finance.yahoo.com
The IPO gets edgy
What's trendy on Wall Street? Shell "companies" that go public with no business plan other than to buy an existing brand with shareholders' money, says Fortune's Jennifer Reingold.
money.cnn.com
*** NOTE that Victory Acquisition could compete directly with Endeavor....
finance.yahoo.com |
