Securities
Mar. 24, 2001
Quick Switch
When the market for public offerings closed down last year, many companies were faced with a difficult dilemma. They needed capital to accomplish their business plan and, in some cases, survive, but because they had begun the public-offering process, they could not raise capital in a private offering quickly without risking a violation of federal securities laws.
When the market for public offerings closed down last year, many companies were faced with a difficult dilemma. They needed capital to accomplish their business plan and, in some cases, survive, but because they had begun the public-offering process, they could not raise capital in a private offering quic...
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