Course Number: FIN501 Module 1 Case Assignment Introduction Upon deciding to go public‚ a company looks into preparing an initial public offering (IPO). There are two IPOs with which a company can utilize: a traditional IPO or the relatively new Auction-based IPO that was made popular by Google. Avaya is currently planning for IPO. “Avaya is a global leader in business communications systems. The company provides unified communications‚ contact centers‚ data solutions and related services
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AAbout the BAT with Sample Questions Table of Contents Introduction Test Overview Sample Questions Scoring Introduction We are excited about your participation in the Bloomberg Aptitude Test (BAT). The BAT is a global‚ standardized online exam that the Bloomberg Institute has developed in partnership with premier companies‚ university faculty‚ and business professionals around the world. The test is designed for undergraduates and recent graduates who are interested in an entry‐level job in
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\ Pinnacle Foods Inc.: Initial Public Offering MACKK Consulting Group BSAD 444.20 April 1st‚ 2013 Company History Pinnacle Foods Group is a food packaging company specializing in shelf stable and frozen food categories. The company was formed in 1998 as Vlasic Foods International‚ acquiring several food-manufacturing brands such as Swanson TV dinners and Open Pit from the Campbell Soup Company. Pinnacle’s portfolio of iconic brands dates back in existence to the 1800s. The earliest brand
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Texas at Austin I develop a model of information spillovers in initial public offerings (IPOs). The outcomes of pioneers ’ IPOs reflect participating investors ’ private information on common valuation factors. This makes the pricing of subsequentissues relativelyeasier and attracts more firms to the IPO market. I show
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Industrial and Commercial Bank of China Workshop III International Business BSA - 480 Industrial and Commercial Bank of China In October 2006‚ the Industrial and Commercial Bank of China (ICBC) completed the world ’s largest initial public offering (IPO)‚ listing shares on the Shanghai and the Hong Kong stock exchange‚ raising more than 21 billion dollars (Hill‚ 2011). The ICBC offered this IPO for numerous reasons‚ but foremost was that the ICBC wanted to attract investors with long
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THE JOURNAL OF FINANCE • VOL. LVII‚ NO. 4 • AUGUST 2002 A Review of IPO Activity‚ Pricing‚ and Allocations JAY R. RITTER and IVO WELCH* ABSTRACT We review the theory and evidence on IPO activity: why firms go public‚ why they reward first-day investors with considerable underpricing‚ and how IPOs perform in the long run. Our perspective is threefold: First‚ we believe that many IPO phenomena are not stationary. Second‚ we believe research into share allocation issues is the most promising
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a long day for an enlightening relaxation spa session. The resort exhibits many opportunities for expansion but the resort has to decide upon which option is best expansion plan for their business. One of these options is going public through an IPO (Initial Public Offering) and initiating a SWOT analysis is the most efficient way to investigate this potential expansion plan. The strengths involved in selecting an option through an IPO is that it brings new capital to the table and quickly for such
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This case is about Netscape Initial Public Offering (IPO) in 1995. Netscape had a successful starting in the market mainly because of their strategy of “Give away today and make money tomorrow”‚ which let them capture 75% of the web browser market‚ making it the most popular browsing software. The successful strategy consists in gaining its large market share by initially giving away its product for free. Netscape had to create a new industry standard to succeed in the long term‚ besides make revenues
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JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS VOL. 39‚ NO. 3‚ SEPTEMBER 2004 COPYRIGHT 2004‚ SCHOOL OF BUSINESS ADMINISTRATION‚ UNIVERSITY OF WASHINGTON‚ SEATTLE‚ WA 98195 Initial Public Offerings in Hot and Cold Markets Jean Helwege and Nellie Liang£ Abstract The literature offers many explanations for why the IPO market cycles from hot to cold. These include theories in which hot markets represent clusters of IPOs in a new industry‚ and signaling models that predict that hot markets
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135 per share emgs priced its IPO at NOK 135 per share‚ at the top of the revised price range of NOK 125135 per share; Very strong investor interest‚ from both retail and institutional investors‚ results in the offering being approximately 13x subscribed at the IPO price; Total offering of 19‚623‚200 shares‚ representing approximately 26.7% of emgs’ outstanding share capital following the IPO; Over-allotment option granted to the managers for an additional 1‚850‚000 shares by entities affiliated
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