The general thrust is to go as far and as fast as we can, IBM Corp finance chief Frank Metz said on the issue of drawing up separate accounts for AdStar Inc and Pennant Systems Co with a view to possibly floating equity in them: he noted that IBM faces two problems – one is […]
The general thrust is to go as far and as fast as we can, IBM Corp finance chief Frank Metz said on the issue of drawing up separate accounts for AdStar Inc and Pennant Systems Co with a view to possibly floating equity in them: he noted that IBM faces two problems – one is does it make sense and two, the regulatory aspects – under Securities & Exchange Commission regulations, a firm must have three years audited financial statements before offering any shares to the public.
