Initial public offering or stock market launch is a type of public offering in which shares of a company are sold to institutional investors and usually also retail investors; an. IPO is underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
First Data is coming to market, pricing its initial public offering on Wednesday (Oct. 14) at $16 per share and raising $2.6 billion, roughly speaking...
