Here is the synopsis of our sample research paper on The Weight Watchers IPO. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 3 page paper examines the initial public offering of Weight Watchers International. The paper looks at the number of shares offered, the share price, the use of funds raised, the reaction of the market and the impact on control of the company. The bibliography cites 5 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEweightIPO.rtf
Buy This Term Paper »
Unformatted sample text from the term paper:
(Valkin, 2001). In 2001 the initial public offering (IPO), of Weight Watchers became the largest buyback IPO of the year (The IPO Reporter, 2002). The shares were originally set
to launch between the price of $21 and $23, but at the last minute this was increased to between $23 and $25 (The IPO Reporter, 2001). The market was judged
well as this last-minute alteration added an additional 35 million to the proceeds of the shares (The IPO Reporter, 2001). The initial public offering was made at $24 a share
on November 14, 2001 with the shares listed on the New York Stock Exchange (Edgar Online, 2008). The IPO which was organised by Credit Suisse First Boston and Goldman Sachs,
who co-managed the offering between them, offered a total of 17,400,000 shares the sale at an offer amount of $417,600,000 (The IPO Reporter, 2001, Edgar Online, 2008). The total expenses,
between the two co managers for the issue was $2,220,558 (Edgar Online, 2008). The number of shares outstanding at the time of the offer was 105,407,142 (Edgar Online, 2008).
It is likely that the shareholders who made a purchase at the initial offer price were happy, as following the IPO share price is increased and were quickly trading above
the $32 level (The IPO Reporter, 2002). Therefore, there was a general and we could impression of the company been market, aided by its strong brand value in the marketplace.
However, there are also some issues with the company and the price it was offered. With a salvo brought in about $418 million the beneficiary of the sale was The
Artal Group Ltd, as the group did not pass any of the revenue created from the initial public offering into the company. Weight Watchers had a total of $481 million
...