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Author: MLD38 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 11923  
Subject: Visa Inc. (V) IPO: expected range, # of shares, Date: 2/26/2008 1:08 PM
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Visa Inc. (V) IPO: expected range, # of shares, & date

IPOhome : re V
http://www.ipohome.com/common/ipoprofile.asp?ticker=V
...Visa, the operator of the world’s largest retail electronic payments network, announced terms for its IPO in a filing with the SEC on Monday. The company plans to offer 406 million shares at a range of $37-$42, potentially raising $16 billion at the midpoint. The deal is expected to price on March 19th. JPMorgan and Goldman Sachs are the lead underwriters on the deal....


Visa IPO Could Be Largest in US History
http://ap.google.com/article/ALeqM5ipFH13I-c1JZmVbQrEs9GuW0BIZwD8V1IVG80
...Visa boasts the world's biggest retail electronic payments network....
...the dominant payment player, with well over 50 percent of the global payment credit card volume...
...While Visa's IPO will have little direct effect on its cardholders, the banks that issue Visa cards are expected to see a total windfall of more than $10 billion — which might keep them from pulling back credit lines further and pushing rates higher....
...IPO research firm Renaissance Capital said it believes the offering will price on March 19 to begin trading March 20...
...Demand for IPOs has been incredibly weak recently, reflecting nervousness among investors about placing bets in untested waters....
...Visa said it intends to pay shareholders an annual dividend of 42 cents a share...


SeekingAlpha: for Opinion & Analysis on V
http://seekingalpha.com/symbol/v


HIGH INTEREST IN VISA IPO --- Canadian investors to get sliver of offering
...sheer size of the IPO, the largest ever in the United States, makes the deal unpredictable....
http://www.financialpost.com/story.html?id=334396
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