Where Have All the Public Companies Gone?
Fewer companies are going public, and the companies that are going public are bigger than ever.
That was the conclusion published by the editorial board at Bloomberg, which describes a decreasing number of IPOs and a shift in the U.S. market.
"Lately, though, the universe of such companies has been shrinking in the U.S. New businesses have been offering shares to the public at less than half the rate of the 1980s and 1990s. Mergers and acquisitions have eliminated hundreds more. About 3,600 firms were listed on U.S. stock exchanges at the end of 2017, down more than half from 1997."
Full article on Bloomberg - HERE