|
|
Article: PricewaterhouseCoopers U.S. IPO Watch Report: After a Record Year of U.S. IPO Activity in 2007, 2008 is Off to a Sluggish Start
- Article from:
- U.S. Newswire
- Article date:
- April 21, 2008
CopyrightCopyright 2008 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
To: BUSINESS EDITORS
Contact: Jenna Focarino, Brainerd Communicators, Inc., +1-212-
986-6667, focarino@braincomm.com; Nancy Wu, PricewaterhouseCoopers
Transaction Services, +1-646-471-2471, nancy.n.wu@us.pwc.com
NEW YORK, April 21 /PRNewswire/ -- United States IPO (initial
public offering) activity in 2007 was the highest since 2000. During
2007, 296 IPOs generated $65.1 billion in proceeds compared to 236
IPOs that raised $49.9 billion in 2006. The turbulence in the credit
markets did not hinder IPO activity in the latter half of 2007. In
fact, the fourth quarter, with 101 IPOs, was the most active quarter
in terms of IPO volume in the last eight years.
(Photo: ...