Friday, September 2, 2011

You were told to be quiet!

After a company files its IPO documents with the SEC it is obliged to make no further additional information on the company available until the shares are launched. Groupon apparently didn't get the memo.
This is an interesting aspect of the initial public offering process.

http://dealbook.nytimes.com/2011/09/02/in-a-quiet-period-groupon-feels-the-noise/?src=dlbksb

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