The senior managers at Company AA decided to take the company public in the year 2013. Person JM the founder and his colleagues and many ideas for an IPO initially. They decided to enter into Country HK for setting up the IPO. But, Country HK had many rules and was unwilling to modify the regulations. The Stock Exchange N accepted the terms of Company AA and it also gave more opportunities for Company AA. The IPO was made making it the largest IPO in history. To explain: The reason why the management decided not to do the IPO in Country CA and how did they eventually decide against Country HK.

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Chapter 12, Problem 2CDQ

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The senior managers at Company AA decided to take the company public in the year 2013. Person JM the founder and his colleagues and many ideas for an IPO initially. They decided to enter into Country HK for setting up the IPO.

But, Country HK had many rules and was unwilling to modify the regulations. The Stock Exchange N accepted the terms of Company AA and it also gave more opportunities for Company AA. The IPO was made making it the largest IPO in history.

To explain: The reason why the management decided not to do the IPO in Country CA and how did they eventually decide against Country HK.

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