Initial Public Offering
YG is seeking as much as 35.9 billion won ($31 million), less than the 39.9 billion won it had earlier sought as Big Bang played to full stadiums in Japan and fans flocked to female quartet 2NE1, which is also managed by the company. YG has decided to reduce it's IPO size stating it as a risk to their operation.
Read more about this topic: YG Entertainment
Famous quotes containing the words initial, public and/or offering:
“Capital is a result of labor, and is used by labor to assist it in further production. Labor is the active and initial force, and labor is therefore the employer of capital.”
—Henry George (1839–1897)
“[The public has] the habit now of invalidating opinions emanating from me by reference to my age and infirmities.”
—James Madison (1751–1836)
“I am unbalanced but I am not mad with snow.
I am mad the way young girls are mad,
with an offering, an offering . . .
I burn the way money burns.”
—Anne Sexton (1928–1974)