Topic
IPO
617 published works
Securities Law Prof Blog
Private Equity Firm Considers Sale of 20% Stake
Another private equity firm is considering selling a piece of itself, taking advantage of what Henry Kravis recently described as private equity's "golden age." In this case, TPG (which is…
Amazing Firms, Amazing Practices
The Americanization of Clementi (or, “going public”)
By Gerry Riskin
This is the most significant development impacting the legal profession in 50 years and hardly anyone is noticing except Bruce MacEwen at Adam Smith Esq. This is not a red…
M & A Law Prof Blog
Back to the Future
The N.Y. Times today has an article on SPACs -- the acronym stands for special purpose acquisition companies. These are blank check companies making initial public offerings specifically for the…
Securities Law Prof Blog
Blackstone IPO Tests New Fair Value Accounting Rule
The Blackstone Group IPO will test FASB's new fair-value accounting rule that allows management to estimate the current fair value of its investments even if not traded in public markets. …
Securities Law Prof Blog
Pre-IPO Dividends for Private Equity Firms
Pre-IPO dividends from borrowed funds are becoming a standard technique for the principals of private equity firms and hedge funds to profit from their holdings, with the debt being paid…
Securities Law Prof Blog
Perspective on The Past Week’s Stories
The long-awaited Blackstone Group IPO offering 10% for $4 billion was filed this week. Other news comes from the courts: the 5th Circuit held that investors could not sue the…
Securities Law Prof Blog
Blackstone Files Prospectus for IPO
The Blackstone Group, the largest private equity firm, filed its preliminary prospectus yesterday for its IPO offering investors 10% of the equity in the management company, which had $2.3 billion…
Securities Law Prof Blog
Press Awaits Blackstone IPO
Blackstone Group, the private equity firm, has not even announced an IPO yet, but that doesn't stop the financial press from writing about it. How much information about how private…
Securities Law Prof Blog
Perspective on The Past Week’s Stories
The debate over whether regulation is causing the US capital markets to become less competitive played out in two high-profile conferences in Washington D.C. this week -- Treasury Secretary Paulson's…
Securities Law Prof Blog
Blackstone Plans IPO
The Blackstone Group, the private equity firm that made news by winning the competition for Equity Office Properties Trust a few weeks ago, plans an IPO to sell 10% equity…