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Archive for the 'IPO$' Category

Friday’s free for all…

Tuesday, May 30th, 2006

Friday afternoon before Memorial Day weekend is a perfect time to bury all sorts of things. After all, it’s hard enough to maneuver a Blackberry (or, yes, even my Treo) without throwing a few drinks and some beach breezes into the mix. And this past Friday didn’t disappoint. There were 4 new IPOs filed on [...]

The independent consultant…

Friday, April 21st, 2006

Lately, there’s been a lot more attention paid to the role of so-called independent consultants and how they have helped to create an environment of runaway compensation. On April 10, Gretchen Morgenson explained in detail in the NY Times (no link since it’s premium content) about the conflicts that exist with compensation consultants. Indeed, a [...]

Sweeter than a chocolate shake…

Friday, February 17th, 2006

Buried in the S-1 that Burger King filed yesterday was this interesting little disclosure about the company’s new headquarters building, which is currently under construction. Turns out that the company building the 224,638 square-foot building in Coral Gables happens to be owned by one of Burger King’s newest directors: Armando Codina. Codina, 59, joined Burger [...]

Lots of comps…

Wednesday, February 15th, 2006

Morgans Hotel Group (MHGC) went public yesterday though it didn’t quite manage to create the same type of buzz for its stock as it does for its hotels. Indeed, the stock closed below its $20 share IPO price and is down again this morning. Perhaps one of the things that’s concerning investors is the hefty [...]

A sour note…

Thursday, January 19th, 2006

One of 2005′s more disappointing IPOs, Warner Music Group (NYSE: WMG), struck a number of sour notes when it filed its first disclosed that it faced delisting from the NYSE because the company currently lacks two independent directors as well as a majority of independent directors on its audit committee.