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1.: o Quarterly IPO Activity Increases for First Time Since 2007 From: Gary Wright - Wright Associates

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1.: o Quarterly IPO Activity Increases for First Time Since 2007

Posted by: "Gary Wright - Wright Associates" gary_wright@verizon.net wrightassociates

Wed Jul 15, 2009 12:30 pm (PDT)

o Quarterly IPO Activity Increases for First Time Since 2007

New York -- U.S. companies raised $1.6 billion through 12 initial public
offerings (IPOs) during the second quarter, marking the first quarterly
increase in IPO activity since the fourth quarter of 2007, according to a
new report by PricewaterhouseCoopers. "A few select companies were able to
take advantage of the capital markets which started to improve in late
March," said Scott Gehsmann, a capital markets partner in PwC's Transaction
Services practice. "As we move toward the later part of the year, we will
see more companies testing the IPO waters." The downward trend in IPO volume
started in the first quarter of 2008 and reached its lowest point in the
first quarter of 2009, when there were just two IPOs. .
http://finance.yahoo.com/news/PricewaterhouseCoopers-Report-prnews-227570679
0.html?x=0&.v=1

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The New England Networking Group is Moderated by:

Gary L. Wright - President/Principal - Wright Associates

Wright Associates specializes in High Technology Recruiting Services for the New England Market Place.

Phone: 508-761-6354
Email: mailto:garywright@prodigy.net
Website: www.WrightAssociates.org

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