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University Club’s Delayed IPO
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A 5 page paper explaining to investors why this real estate development company has delayed its scheduled initial public offering. The paper discusses the business cycle; the record low numbers of IPOs in 2002; expected similar patterns in 2003; and improvement in new housing starts over the past 12 months. The bottom line is that though University Clubs’ IPO has been delayed, that delay reflects only current market conditions and does not represent any structural problems within the organization. While the company waits for investment market conditions to improve, it can be actively generating increasing revenues through the business activity that forms the backbone of the company and its future. Bibliography lists 3 sources.
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Pages:
5
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Filename:CC6_KSfinDelayIPO.rtf |
Paper Title:
University Club’s Delayed IPO
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