FIN Lecture Notes - hold stock o But give rights offering...

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1/12/12 Chapter 2 Primary Market- Initial public offering market Underwriter- investment banker Goldman sacs o Big customers get first priority IPO ventures regular customers hear is the shares no one wants Don’t buy IPO as mere mortal Rights offering o If company issues more shares percent of ownership goes down if already
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Unformatted text preview: hold stock o But give rights offering company gives opportunity to buy more shares in order to keep your percent ownership of company the same o The more there is the more price goes down...
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