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October 23rd, 2008

Visa hits record with $17.9 billion IPO (The Cahrlotte Observer)

FINANCE Visa Inc., the largest payment card network, set a record for U.S. initial public offerings today by raising $17.9 billion, more than expected. The San Franciscobased comapny sold 406 million shares for $44 each, above the epxected range of $37 to $42 each, according to Bloomebrg data.The IPO celipses AT T Wireless Groups $10.6 billion tsock offering in 2000 and ranks second in the ... Read more

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