Ashley's founders and early investors owned 3 billion shares before IPO and Ashley's sold 2 billion new

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Question:

Ashley's founders and early investors owned

3

billion shares before IPO and Ashley's sold

2

billion new shares in the IPO. If the pre

-

IPO value of Ashley's was $

60

billion and the investment bank's spread was

10 %,

what should the offer price have been?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 01, 2024 06:05 AM

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Ashley's founders and early investors owned 3 billion shares before IPO and Ashley's sold 2 billion new

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To calculate the offer price for Ashleys IPO given the information provided we need to consider the ... View the full answer

Income Tax Fundamentals 2013

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