MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, January 10, 2005 Morningstar Opts for Auction-Style IPO Morningstar is opting to forgo selling its stock the traditional way. The fund rater is now planning an auction-style IPO, officials stated in a release. "It is in keeping with our company philosophy of helping all investors—not just large ones," said Joe Mansueto, chairman and chief executive officer. Lead underwriter Morgan Stanley has been swapped for WR Hambrecht + Co, officials said. Printed from: MFWire.com/story.asp?s=8772 Copyright 2005, InvestmentWires, Inc. All Rights Reserved |