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Archive for the 'IPO$' Category

Above it all…

Friday, March 23rd, 2007

Is there any other news other than the Blackstone IPO this morning? Or as the folks at PE Week write (fueled by a few Red Stripes, which seems an odd choice for getting through a dense S-1) “Blackstone, Blackstone, Blackstone”.  Several footnoted regulars who pored through the filing (presumably without the help of Red Stripe) [...]

Smell something?

Tuesday, January 30th, 2007

Last May, Mueller Water Products (MWA), which makes pipes and other equipment used for water treatment systems, went public at $16.70 as part of a spin-off from Walter Industries (WLT) and it’s fair to say that the IPO hasn’t exactly been a whopping success. Indeed, other than a brief period about a month after the [...]

Shotgun wedding?

Monday, October 9th, 2006

Back in June, Banco Bilbao Vizcaya Argentaria (BBVA) announced that it was acquiring Texas-based State National Bancshares (SNBI) in a $480 million deal as well as the larger Texas Regional Bancshares (TRBS) for $2.16 billion. Late Friday, SNBI filed its merger proxy that  disclosed a $5.6 million "advisory fee" that director Mark Merlo would be [...]

Spreading like kudzu?

Tuesday, September 26th, 2006

Late Friday, KBR, which Halliburton (HAL) has been talking about spinning off for much of 2006, filed its latest amended S-1. The filing, which weighed in at 358 pages, was nearly 100 pages longer than the amended S-1 filed just before Memorial Day weekend. But one of the things that popped out — thanks [...]

Housing two ways…

Tuesday, September 19th, 2006

Last month, XL Capital (XL) spun off Security Capital Assurance (SCA) in a $460 million IPO. On Friday, Security Capital filed its first Q which had this interesting disclosure about the housing market in Wilton, Ct. where its CEO, Paul Giordano, lives.
In the contract, the company agrees to provide Giordano with "loss protection" — something [...]