IPO move.IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. Move: Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. developer Richard Meruelo is seeking to raise as much as $500 million by taking his real estate firm public. Meruelo Maddux Properties Inc. registered with the Securities and Exchange Commission for a stock offering. The firm said going public would help it fund development of its extensive commercial and residential real estate holdings. Meruelo is the largest landowner in downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or , controlling more than 100 parcels in the central city alone. His holdings include properties in the South Park area near Staples Center This article has multiple issues: * Its neutrality is disputed. * It may contain original research or unverifiable claims. * It does not cite any references or sources. and in the garment, produce and industrial areas east of downtown's high-rises. |
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion