Greg Samuel in the Dallas Business Journal: How Companies Benefit: ‘Sexy’ Businesses Bring in the Cash

09/03/2014


Putting stock on an exchange is a long, complex process. Companies must meet legal and financial requirements, overhaul accounting systems and pass muster with federal regulators and the public.

It’s only natural that businesses issuing stock are the primary payees once shares start trading…

Aside from Zoes, every North Texas-based IPO issued this year has brought in more than $100 million dollars and nine of the most valuable stocks to come out of the state this year originated here. The highest-grossing stock, Dallas-based Santander Consumer USA Holdings, scored $1.8 billion.

“True blue IPOs need to be names or sexy industries people understand,” said Greg Samuel, co-chairman of Haynes and Boone, LLP’s Capital Markets and Securities Practice Group.

Excerpted from the Dallas Business Journal, September 3, 2014. To view full article, click here (subscription required).

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