Investment banker prestige & underpricing of reverse LBOs

Looks for an explanation why reverse leveraged buyouts experience far less underpricing than initial public offerings do. Factors of riskiness of the issue and the prestige of the investment banker account for the difference.

Bibliographic Details
Main Author: Stewart, Susan M
Format: Others
Published: 1994
Online Access:http://spectrum.library.concordia.ca/3525/1/MM01323.pdf
Stewart, Susan M <http://spectrum.library.concordia.ca/view/creators/Stewart=3ASusan_M=3A=3A.html> (1994) Investment banker prestige & underpricing of reverse LBOs. Masters thesis, Concordia University.
Description
Summary:Looks for an explanation why reverse leveraged buyouts experience far less underpricing than initial public offerings do. Factors of riskiness of the issue and the prestige of the investment banker account for the difference.