AviancaTaca's IPO exceeds expectations; $1.5 billion in shares requested

AviancaTaca, the parent of Avianca and TACA, said preliminary results of its IPO reveal that the requests for shares exceeded $1.5 billion, more than five times the initial offering of 100 million shares priced at a total $250 million ( ATW Daily News, March 31 ). The validation process of the...

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