Yankee Stock Offerings

In 1990s, many international companies, including the Latin Americans, have listed their stocks on U.S. exchanges to prime market for future Yankee stock offerings, that is, the direct sale of new equity capital to U.S. public investors. One of the reasons is the pressure for privatization of companies. Another reason is the rapid growth in the economies. The third reason is the expected large demand for new capital after the NAFTA has been approved.

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