Private-Equity IPOs Outperforming Others
Date: May 7, 2009
Stock Performances Show Sponsored Deals Weathering Woes Well
By OLIVER SMIDDY
One of the biggest casualties of the economic downturn has been the initial public offering, for years the exit route of choice for private-equity firms. Returning a company to the public markets allowed buyout firms to retain an equity interest in the business, if desired, and also provided a public seal of approval for a job well done in building a company.
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Source: Wall Street Journal
