Monday, December 20, 2004

Acquisitions 2004: "So far this year, 216 IPOs have raised $43 billion, exceeding the total raised through the 221 IPOs from the previous three years combined, according to Renaissance Capital's IPOhome.com. By comparison, there were 486 IPOs in 1999 and 406 in 2000. The rise in activity is taking the IPO market back to more 'normal' levels after several lean years."—Adam Rifkin