Is 2013 shaping up to be the Year of the Initial Public Offering?
Well, probably not, but IPO deal flow is trending up this year. According to the Federal Securities Law Reports, the 96 IPOs completed during the first two quarters of 2013 is the highest mid-year total since the first half of 2007 saw 141 IPOs completed. Unfortunately, those 96 IPOs in the first half of 2013 resulted in "only" $20.76 billion in offering proceeds. That's down from $29 billion in 2012 and $27 billion in 2011.
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