Weeks ago, Goldman Sachs seized the media’s imagination by getting an inside track on the initial public offering of Facebook, a social network so large that David Fincher made a movie about it. Today, reports indicate that Morgan Stanley may be gaining similar access to a possible IPO for Groupon, a website with Read More
Oft-maligned content giant and eHow.com operator Demand Media is about ready to go public in a share offering that could raise $138 million for the company, according to a filing with the Securities and Exchange Commission via Kara Swisher at All Things Digital.
The prospectus values the company at $1.24 Read More
Bailed-out insurance giant AIG raised $17.8 billion in an initial public offering of its AIA Asian life insurance business, Bloomberg reports. The IPO marked the largest capital raise in the history of the Hong Kong stock exchange — one of the rare moments in recent memory when AIG set any kind of record Read More
According to a Reuters report, investors are positively salivating as they envision an initial public offering of shares in AIA, the Asia life insurance unit of enfeebled, government-owned former Wall Street titan AIG.
Including an “upsize option,” AIG is looking to gain $20.5 billion out of the IPO, which is slated to hit Read More
In a move that inches AIG closer to its dream of once again joining the private sector, the mainly taxpayer-funded insurance giant is getting closer to slapping a price sticker on its AIA Asian life insurance business. The Wall Street Journal reports that an initial public offering of AIA could value the Read More
