Unformatted text preview: Prada, Samsonite, Huaneng Renewables, MGM China Holdings, and Resourcehouse. Because these companies are large and have been established already, I do not see a reason why they could not succeed. The book states a problem with IPOs being that it is a hard transition for small companies to transition with the new capital; however these businesses have already made the transition. With a hard global economy there isn’t a huge demand from investors, which if there were it may lower the standards like the mid to late 1990’s. But because these companies are already established and the standards of investors should be high, I have confidence in them reach their goals of Prada seeking more than $9 billion, Samsonite $1 billion, Huaneng Renewables $988.2 million, MGM China Holdings up to $1.5 billion, and Resoucehouse to raise up to 3.6 billion....
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This note was uploaded on 06/07/2011 for the course ECON 101 taught by Professor Baker during the Spring '11 term at CUNY York.
- Spring '11