Mastercard IPO Delayed
Posted by Bill Sjostrom on February 9, 2006
The W$J reports today (here) that Mastercard is likely to delay its IPO until the second quarter of this year. “The reason for the delay wasn’t clear yesterday, but two people familiar with the matter said that it isn’t related to a raft of [antitrust] lawsuits that recently have been filed by merchants against MasterCard.”
Mastercard is currently owned by about 1,400 financial institutions and announced in September that it would sell a 49% stake in an IPO this quarter. Click here for the registration statement. As Vic Fleischer has blogged about at the Glom (here and here), the IPO has some unique features.
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