Chicago Board Options Exchange is eliminating its vice chairman board post and doing away with its trading advisory committee, shedding trappings of a member-owned structure that held sway prior to its June 2010 initial public offering. Get the full story »
Inside these posts: IPO
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Monroe Capital files for IPO
Monroe Capital Corp., a Chicago-based investment firm, plans to sell shares in an initial public offering of $150 million.
The firm, which makes debt and equity investments in companies with revenues from $20 million and $500 million, said it plans to use the proceeds to repay debt and to take additional stakes in portfolio companies. Get the full story »
Zipcar files for $75 million IPO
(Terrence Antonio James/Chicago Tribune)
Reuters | Zipcar Inc., a car-sharing service popular among college students
and city dwellers, filed for an initial public offering worth as much
as $75 million.
The company, founded nearly a decade ago, is a leader in so-called
car-sharing, a service that charges an annual membership and rents cars
at an hourly or daily rate. The service is successful in markets in
which car ownership is lower and parking is scarce and expensive, such
as urban areas and colleges.
