According to a new analysis, the U.S. government would have to sell all its shares in General Motors at an average price of $133.78 a share in order to break even on its stake in the automaker. Should U.S. taxpayers be worried?…
Internet Brands announced Monday that it has agreed to go private at $13.35 per share, giving early investors a juicy 67% return. The company, which operates CarsDirect.com and other consumer sites, went public in 2007.
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Spirit Airlines filed plans for an IPO worth as much as $300 million.
The airline, which offers low-cost travel to and from South Florida, the Caribbean and Latin America, would retain about half of the proceeds of the IPO and use most of the rest to pay down debt, The Wall Street Journal said.
Spirit has remained profitable in each of the last three full years even as other…
Continue reading Spirit Airlines Files for $300 Million IPO
Spirit Airlines Files for $300 Million IPO originally appeared on DailyFinance on Mon, 20 Sep 2010 07:58:00.
Filed Under: Energy, Company News, Green, Retail, Stocks in the News
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