Topic
IPO
617 published works
Securities Law Prof Blog
Boston Scientific Plans Spin-Off
Boston Scientific is considering an IPO of 18-25% of its businesses grouped under its Endosurgery division for about $1 billion, in order to raise needed cash. See NYTimes, Boston Scientific…
Securities Law Prof Blog
SEC Comments on Accounting for IPO/Merger with Entities under Common Control
The SEC website has just posted a December 2006 Speech by Leslie A. Overton, Associate Chief Accountant, Division of Corporation Finance, before the 2006 AICPA National Conference on Current SEC…
The D&O Diary
Foreign IPO Activity in U.S Remains “Healthy”
Regular readers know that I have previously questioned (most recently here) the case for regulatory reform. Among the grounds the reformers routinely cite as the basis for regulatory reform is…
The D&O Diary
The Weak Case for Regulatory Reform Gets Even Weaker
At the heart of recent calls for regulatory reform in the Interim Report of the Committee on Capital Markets Regulation and in the Bloomberg/Schumer Report is the assertion that the…
Securities Law Prof Blog
Fortress IPO a Hit on Wall St
The Fortresss IPO yesterday, described as one of the hottest IPOs in recent years, is the big news today. The private equity firm's shares were sold at $18.50, quickly rose…
Securities Law Prof Blog
SEC Quiet Period Reform Not Making Much Impact
The liberalization of SEC regulations in June 2005 to allow more public communications in the pre-IPO period has not yet resulted in more information during the quiet period, according to…
Securities Law Prof Blog
Amex Hires Investment Banker
The American Stock Exchange has hired Morgan Stanley to advise it on strategies for going public or merging with another exchange, either domestic or foreign. See WSJ, Amex Hires Morgan…
Securities Law Prof Blog
First IPO of 07 Makes Spy Planes
AeroVironment, a high tech research company that creates unmanned spy planes for the Dept of Defense, plans to list its shares on NASDAQ in its IPO estimated at $107.2 million,…
The D&O Diary
Second Circuit Rejects Class Action Against Underwriter Defendants in IPO Laddering Cases
According to reports in a December 6, 2006 article in the New York Times entitled "Court Rejects Class Action Against Banks" (here, registration required) and a December 6, 2006 Wall…
The D&O Diary
SOX Consequences: London Is Calling and Companies Are “Going Dark”
As detailed in this prior D & O Diary post, the Sarbanes-Oxley Act has imposed enormous compliance burdens and expense on companies whose shares are traded on the U.S. securities…