Saturday, March 25, 2006

Fighting legal battles? Go public…chum!

MasterCard is going public, more to save itself from future legal costs


True to its name, MasterCard, the world’s number two credit card company, has delivered a masterstroke in August 2005 by announcing its intention to go public. The company has stated in its filing to Securities and Exchange Commission (SEC), “Transitioning to a different ownership and governance structure will lead us... to a more stable base from which to execute our strategy.”


Source: IIPM Editorial

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Copyright: IIPM, Editorial-2006