Corporate
Jan. 28, 2011
Online Company's Shares Surge in IPO
California lawyers guide Demand Media, the first of several Internet-based companies expected to go public by 2012, to a successful market launch.
Daily Journal Staff Writer
Shares of online content producer Demand Media hit the New York Stock Exchange on Wednesday, jumping as high as 47 percent higher than their offer price. The strong opening is viewed as an encouraging sign for other Internet-based companies gearing up to go public.
The start was also good news for lawyers who worked on the offering, including California attorneys from Latham & Watkins and Sim...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In