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Investing Glossary:
Public offering
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Definition: |
| Used in the context of general equities. Offering to the Investment public, after compliance with Registration requirements of the SEC, usually by an investment banker or a Syndicate made Up of several investment bankers, at a price agreed upon between the Issuer and the investment bankers. Antithesis of private placement. See: Primary Distribution and secondary distribution.
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