The markets’ seemingly bottomless hunger for initial public offerings remained in effect this week, with six companies announcing plans to raise a total of nearly $1 billion via public listings that will in turn yield an estimated $11 million in legal fees for Am Law 200 firms.
While the European sovereign debt crisis had created something of a lull in the number of companies coming to market, the month of July could wind up as the second-busiest month on the U.S. IPO calendar in almost a decade, according to data compiled by Renaissance Capital, which tracks new public listings.
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