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FlatEarthSoc

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FlatEarthSoc

Re: FlatEarthSoc post# 3825

Thursday, 02/03/2011 5:03:31 PM

Thursday, February 03, 2011 5:03:31 PM

Post# of 12338
'Bought Deal' Private Placement

What Does Bought Deal Mean?
A new share issue that is bought entirely by one underwriter to resell to investors.

Investopedia explains Bought Deal
An underwriter will only do a bought deal if it is confident there is enough demand for the shares.

http://www.investopedia.com/terms/b/boughtdeal.asp

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