Going Public, but Not in U.S. Markets
- Posted by Law.com on January 15th, 2008
- Filed in Corporate/M&A
Foreign companies that decide to go public are shunning American equity markets, according to the findings of an ad hoc committee of academic and business leaders concerned that regulation and litigation are putting U.S. exchanges at a competitive disadvantage. Experts say that litigation risks, the SEC process and a case pending before the Supreme Court that could expose third parties to liability are causes of concern for the international investment community.
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