Tuesday, May 30, 2006

Allegiant IPO

It's very old news now, but just a thought on the Allegiant IPO:

-A Merrill Lynch lead with Bear Stearns and Raymond James backing was a bit of a surprise to us. From the outside looking in, we thought RJ had a better chance of leading the offering than anybody else. Also surprising is that Morgan Stanley did not get even a piece of this.

-Also, Allegiant does not make it easy to find their S-1. Here it is.

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