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  1. #1 Ferrari files for an IPO that could raise over $1.0 billion 
    eeeevil Sith Admin SarasotaRepub's Avatar
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    By Renaissance Capital, July 23, 2015, 09:21:29 AM EDT


    Ferrari, the Italian luxury sports car manufacturer spun out of Fiat Chrysler, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. However, the deal size is likely a placeholder for an IPO that we estimate could raise more than $1.0 billion.

    The Maranello, Italy-based company, booked Ä2.8 billion in sales for the 12 months ended March 31, 2015, plans to list on the NYSE. It has not selected a ticker. UBS Investment Bank, BofA Merrill Lynch and Santander are the joint bookrunners on the deal. No pricing terms were disclosed.

    Now this will be worth getting into...


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  2. #2  
    Ancient Fire Breather Retread's Avatar
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    That might well be worth paying attention to.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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  3. #3  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    May the FORCE be with you!
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  4. #4  
    Moderator RobJohnson's Avatar
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    Quote Originally Posted by SarasotaRepub View Post

    They produce less then 10k cars a year, yet make a huge profit.
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  5. #5  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Looks like they changed plans and are going IPO next week!

    NYSE Symbol is: RACE
    Pricing: $48-$52 a share
    Date: Wednesday, 10/21/2015
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  6. #6  
    eeeevil Sith Admin SarasotaRepub's Avatar
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    Nothing too spectacular this morning.

    Open at 60. Last price 56 and change. Meh.
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  7. #7  
    Ancient Fire Breather Retread's Avatar
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    Not a real screamer is it 48 and change.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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