Question: If the IPO for Finns Fridges goes well the contract
If the IPO for Finns’ Fridges goes well, the contract with the investment bankers has a “green-shoe” clause that permits them to sell 15 percent more shares than originally planned. These additional shares would all be issued by the company, not sold by the Finn brothers themselves. How much of the firm will the brothers own if this overallotment option is taken up?
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