Saturday, 10 December 2011

Wireless Phone Company - Public Offering

When AT&T Wireless offered its first Initial Public Offering in early 2000, it outdid the previous largest IPO by UPS (United Parcel Services). While the company offered about 360 million shares priced between $26 and $32 per share, it managed to raise a capital of $10.6 billion with each share being sold at $29.

Source: http://EzineArticles.com/6730578

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