Description: Toys “R” Us is seeking to raise $800 million in stock through an initial public offering, hoping to clear some debt from its balance sheet, the company said in a securities filing Friday.
Source:Â CNNMoney.com
Date: 05/28/2010
Link: http://money.cnn.com/2010/05/28/news/companies/toys_r_us_IPO/index.htm
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Questions for discussion:
- How does this IPO help the firm?
- What are the advantages or disadvantages of following this strategy?
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