Tuesday, September 19, 2017

Question on IPOs and majority owners

What happens to majority owners when a company that they own a majority stake in goes public?

For reference, HMNY recently bought a majority stake in MoviePass. Does HMNY get most of the stock for the new IPO in Moviepass? Sorry, noob question, but I bought some HMNY when they announced they bought Moviepass and just wondering how that will effect their stock price when Moviepass goes public.



Submitted September 19, 2017 at 02:27PM by matt1matt http://ift.tt/2hd7fqH

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