Deals wrap: GM’s market splash
General Motors has raised billions of dollars in its IPO, but big investors still have plenty of cash on hand to plow into other new stock issues — if they have merit.
General Motors’ swift journey from dying company to blockbuster IPO is a remarkable story, which the Democrats received little political credit for.
One of the first signs General Motors was driving toward a record-setting IPO with booming demand from investors came from an unlikely indicator: a sudden shortage of chocolate mousse at an investor meeting.
Harrah’s scrapped its $500 million initial public offering. Sources told Reuters the stock listing was delayed over concerns it would have been priced too high.
KKR is in advanced talks to buy Del Monte Foods, two sources familiar with the situation said.
Read this week’s Thomson Reuters Investment Banking Scorecard here.
Fortune looks into why Dell won’t go private.
Frank Quattrone gives free IPO and M&A advice at peHUB.