Business » Financing | By Maria Marsala @
Know what an IPO is? An initial public offering (IPO) is basically a company's first sale of stock to the public, which is why it's also called "going public." Usually - but not always, an IPO involves the stock from a young and not-too-well-known company. The most compelling reason to go public is to raise cash for operating capital. But there are strings attached… After the demise of the dotcoms, the scandals of Enron, WorldCom, Tyco, and Global Crossing, the landscape...
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