Alibaba on the Turnpike
So far, the Alibaba IPO has been more traditional.
On May 6, 2014, the company filed for an IPO to raise $1 billion.
On Sept. 5, the company filed an amendment to offer 320.1 million American Depositary Shares at US$60 to US$66 each. The company expects to offer 123.1 million shares and selling shareholders plan to offer 197 million shares. The offering would raise US$20.2 billion, from the mid-point of its price range - making it the ...