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Opentuition Notes F9 Chapter 11

SSarah8y ago
Good day, I am kindly asking which of the two is an IPO? Public issue (Offer for Subscription) or Public Offer for Sale by Tender? I am reading from a Study text and I cannot tell for certain which of the two is an IPO. Please help. Thank you.
John MoffatJohn MoffatTutor8y ago#1
They are both potentially IPO's. An IPO is an initial public offering and is the name given to the first time a company becomes a public company.
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