Question
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
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 $23.80. The firm issued 4.80 million shares. What was the loss to the company due to underpricing? Please show the breakdown of the equation.
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The Power Of Accounting What The Numbers Mean And How To Use Them
Authors: Lawrence Lewis
1st Edition
0415884306, 978-0415884303
