13.22 When Global Partners went public in September 2013, the offer price was $22.00 per share and the closing price at the end of the
13.22
When Global Partners went public in September 2013, the offer price was $22.00 per share and the closing price at the end of the first day was $23.50. The firm issued 5.50 million shares. What was the loss to the company due to underpricing?
Loss to the company $___________
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Authors: George H. Pink, Paula H. Song
7th Edition
1640553177, 978-1640553170
