More firms choosing buyouts over IPOs (Wall Street Journal)
An increasing number of firms are choosing to exit with a buyout instead of an IPO.
Firms are "deciding the safer way to cash out is to find an acquirer," the Wall Street Journal reports.
"US companies are dropping IPOs and selling themselves at the highest rate in three years, underscoring the gap between volatile financial markets and a booming merger business," The Journal says.
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