MasterCard IPO: Not So Priceless

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00011426-mastercard-ipo-not-so-priceless/

Like all good debutantes from respectable families, MasterCard?s debut on the NYSE is expected to be a pretty big affair. According to a story running on CNN.com, however, even though MasterCard?s dance card is sure to fill up rapidly as investors both large and small grab up shares like waltzes at a cotillion ? there may be reason to hold back a bit before signing on for a dance.

MasterCard has been facing mounting lawsuits, which could spell out financial liability to long-term investors. Still, the credit card giant is expected to raise over $2.6 billion when it starts selling shares; stock watchers can expect to see MasterCard (NYSE: MA), as soon as next week.

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