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Initial Public Offerings -- 2nd Edition: The Mechanics and Performance of IPOs LAN009020 DO YOU NEED A HANDS-ONA fully revised and updated second edition of the essential guide that tells you everything you want to know about IPOs in the UK. An initial public offering (IPO) the occasion when a firm's shares are issued to the public for the first time is one of the most exciting events in the life of a company, providing new opportunities for the business, its managers and for investors. IPOs attract a lot of attention from stock market researchers, academics