Churchill Capital, a blank check company formed by dealmaker Michael Klein and former IHS CEO Jerre Stead to acquire a data and analytics provider, raised $600 million by offering 60 million units at $10. The company originally filed to raise $400 million,...read more
Interactive Data Holdings (IDC), which provides financial institutions with market data and services, officially withdrew its plans for an initial public offering on Wednesday. In late October, the company announced that it would be acquired by...read more
After the most active first quarter since 2000, the 2Q14 trumped it with the highest number of IPOs in any quarter since the heyday of the tech bubble. With 83 IPOs priced, issuance was up 30% sequentially and 36% year-over-year. While biotechs dominated the IPO...read more
The global IPO market continued its fast start of 2014 in the second quarter. Quarterly proceeds were up 42.4% year-over-year. IPO proceeds in the 2Q14 were led by the European and North American regions, which accounted for 43.7% and 34.9% of quarterly proceeds...read more
SPAC led by former IHS CEO, Churchill Capital prices upsized $600 million IPO at $10
Churchill Capital, a blank check company formed by dealmaker Michael Klein and former IHS CEO Jerre Stead to acquire a data and analytics provider, raised $600 million by offering 60 million units at $10. The company originally filed to raise $400 million,...read more
IDC officially withdraws IPO after $5.2 billion acquisition by ICE
Interactive Data Holdings (IDC), which provides financial institutions with market data and services, officially withdrew its plans for an initial public offering on Wednesday. In late October, the company announced that it would be acquired by...read more
Renaissance Capital's 2Q 2014 US IPO Market Review
After the most active first quarter since 2000, the 2Q14 trumped it with the highest number of IPOs in any quarter since the heyday of the tech bubble. With 83 IPOs priced, issuance was up 30% sequentially and 36% year-over-year. While biotechs dominated the IPO...read more
Renaissance Capital's 2Q 2014 Global IPO Market Review
The global IPO market continued its fast start of 2014 in the second quarter. Quarterly proceeds were up 42.4% year-over-year. IPO proceeds in the 2Q14 were led by the European and North American regions, which accounted for 43.7% and 34.9% of quarterly proceeds...read more