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Are Bankers' "Bizarre" Choices Spoiling the IPO Market?

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PEHub chats with Scott Sweet, senior managing partner at the advisory firm IPOboutique.com, who had this to say about why 2010's IPOs have been duds: "I question the rather unusual — you might even say bizarre — choices in companies that the underwriters are deciding to bring out right now. They’re bringing out, in many cases, PE-backed firms with enormous debt loads — in some cases, well over a billion dollars in debt.....Right now, it’s a buyers’ market and buyers don’t want debt-ridden companies, especially when many other companies with clean balance sheets are a value right now."
SOURCE:   PEHub

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