Terminal Value
“New York The warm spring air of Tuesday morning wafted through the conference room windows. The initial public offering of Mantric, following on the tail of the outrageously successful road show, was slated to open on the NASDAQ stock market in fifteen minutes. Fortunately, emerging technology sectors—including mobile computing, cloud-based technologies, and social media—were still hot despite the turbulence of the overall market.
In every Mantric office, employees stared at the scrolling ticke...r on the wall and waited and watched as the offering numbers scrolled across the large screens before them.
The night before, WMR Capital, the primary investment bank that was taking the firm public, had priced the offering at fifteen dollars per share, above the twelve-dollar price the bank had originally expected shares to sell for on opening day.
Now the moment of truth had arrived. Art paced the sleek, computerized NASDAQ trading floor near the WMR Capital station. Christine stood nearby, undeterred and cool.MoreLess
In every Mantric office, employees stared at the scrolling ticke...r on the wall and waited and watched as the offering numbers scrolled across the large screens before them.
The night before, WMR Capital, the primary investment bank that was taking the firm public, had priced the offering at fifteen dollars per share, above the twelve-dollar price the bank had originally expected shares to sell for on opening day.
Now the moment of truth had arrived. Art paced the sleek, computerized NASDAQ trading floor near the WMR Capital station. Christine stood nearby, undeterred and cool.MoreLess
Read book Terminal Value for free
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
Write Review:
Guest
Read Also
9 / 10
User Reviews: