網頁"The Choice of IPO Versus Takeover: Empirical Evidence," J. Brau, Bill Francis and Ninon Kohers (Sutton), Journal of Business, Vol. 76, No. 4, 2003, pp. 583-612. Takeaway: The popularity of selling out surpassed IPO as exit strategy around 1996 網頁2016年4月1日 · Abstract. I compare the wealth of private firm owners that exit their firms through reverse mergers (RMs) to the wealth that could have been obtained in initial public offerings (IPOs), sellouts, or by remaining private. Private firm owners that use the RM exit mechanism have significantly less post-exit wealth than the wealth that could have ...

The Choice of IPO versus Takeover: Private Investors and …

網頁2003年4月1日 · The Choice of IPO versus Takeover: Empirical Evidence Article Full-text available Feb 2003 James C. Brau Bill B. Francis Ninon Kohers We examine factors that … 網頁2014年1月17日 · During 1980–2000, an average of 310 companies per year went public in the United States. Since 2000, the average has been only 99 initial public offerings (IPOs) … here magazine subscription

The Choice For Shareholders

網頁Author (s): James C. Brau & Bill Francis & Ninon Kohers. 2003 We examine factors that influence the choice between an initial public offering (IPO) and a takeover by a public … 網頁2024年2月23日 · The choice of exit method is an inevitable decision faced by entrepreneurs and private equity (PE) investors. The existing literature addresses four categories of factors which influence this choice of exit method between initial public offering (IPO) and acquisition: industry-related factors, market-timing variables, deal-specific factors and … 網頁Author (s): James C. Brau & Bill Francis & Ninon Kohers. 2003 We examine factors that influence the choice between an initial public offering (IPO) and a takeover by a public acquirer. Our results show that the industry concentration, high-tech industry affiliation, current cost of debt, relative "hotness" of the IPO market, firm size, and ... here lucian remix mp3 download