Chatsworth Firm Files for IPO.MRV Communications  OverviewMRV NASDAQ: MRVC is a company that designs, manufactures, sells, distributes, integrates and supports communication equipment and services, and optical components. of Chatsworth announced it has filed a registration statement with the Securities and Exchange Commission for an initial public offering of common stock of its wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Optical Access Inc. Bear Stearns The Bear Stearns Companies, Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., one of the largest global investment banks and securities trading and brokerage firms in the world. & Co. will lead the underwriting group, with CIBC World Markets CIBC World Markets is the investment banking division of the Canadian Imperial Bank of Commerce. It helps governments, large companies, and other large institutions obtain capital and credit and is a primary dealer in U.S. Treasury securities. , U.S. Bancorp Piper Jaffray and First Security Van Kasper serving as co-managers. Optical Access designs, manufactures and markets optical wireless technology that delivers high-speed communications traffic on the portion of a communications network commonly known as the "last mile," from the end user to the provider's central office. |
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