Thursday, March 23, 2006

The American Stock Exchange looking to IPO

As this blog has discussed before, the buzz in the exchange market has been consolidation and IPOs. Well Reuters and other financial websites are reporting that the American Stock Exchange will pursue a demutualization and an IPO in the near future. In a demutualization, the seat owners, who own the exchange, give up their seats in return for shares in the company.

Reuters
TheStreet.com

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