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Article: Online investment banks fight for piece of IPO pie.(Knight Ridder Newspapers)
- Article from:
- Knight Ridder/Tribune News Service
- Article date:
- August 24, 2000
- Author:
CopyrightCOPYRIGHT 2000 Knight-Ridder/Tribune News Service. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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After spending the past eight months preparing, the newest and largest online investment bank, Epoch Capital Partners, has finally launched.
In its first deal two weeks ago, the San Francisco bank helped Corio Inc., a Redwood City, Calif., maker of business-software, raise $140 million in its first public stock offering.
This week, it will take on an even bigger deal, serving as a secondary manager in the IPO of Equinix Inc., a Redwood City-based Internet infrastructure firm, that is expected to raise about $202 million
Epoch is just the latest and biggest player to join a slew of online investment banks that are trying to wrest business from ...