What is the meaning of the term “going public?”

1. Why would a company want to “go public?”

1.            Describe the roll of the investment banker in taking a company public.
2.            What is an IPO and what steps are taken in order to get the IPO ready for public offering?
3.            What does both the investment banker and the company that is going public want to happen on the first day of public trading for the company and why?

Answer rating: 100% (QA)

1 Meaning of Going Public and Reasons Going public refers to the process of a private company becoming a public company by offering its shares to the ... View the full answer