IPOs Under Water
A week of mayhem on
bourses worldwide has sent companies planning initial public offerings (IPOs)
running for cover. From Vancouver to Croatia to Bangkok, companies are
postponing their IPOs. On March 8, Orbit Corporation was making plans to
postpone its issue at least by a week. Instead of the scheduled opening in the
week of March 12 to 16, the company was looking at the week of...
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