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Firm commitment underwriting |
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Firm commitment underwriting An underwriting in which an investment banking firm commits to buy and sell an entire issue of stock and assumes all financial responsibility for any unsold shares. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| announced Monday it has entered into a firm commitment underwriting agreement for the sale of 25 million shares of MGM common stock at a price of $10. NYSE:CKH)("SEACOR") announced today that it has entered into a firm commitment underwriting agreement with Morgan Stanley & Co. The underwriters have agreed with Tier and the selling shareholders to conduct this offering as a firm commitment underwriting. |
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