Quote Originally Posted by sean bash View Post
The thing is with CAN is that they don't need to go public. They've been in biz for close to 17 years. They don't need the money. I'm sure they could find some good things to do with it but they're a mature company, not a tech startup rushing to the next financing round hoping to keep their marketing humming and valuation increasing. If I was CAN, I would use money from an IPO for acquisitions, but also I would consider passing on an IPO altogether, if for no other reason than to prevent the headache of shareholders, stock analysts, and everybody else scrutinizing what the CEO ate for breakfast.
You say "scrutinizing what a CEO had for breakfast", I say EXPOSING FRAUDSTERS & LIARS