Tuesday, April 05, 2005

More On The Costs Of Sarbanes-Oxley

In the next installment of the ongoing saga on how Sarbanes-Oxley makes being a public company prohibitively costly, we have two items (one anectdotal, and the other from a summary from Red Herring):

In the first Steve Bainbridge (at Professorbainbridge.com) send us to this article by Amity Shlaes detailing how the owners of Sungard engineered an $11.3 billion deal to take the company private.

In the second, Jeff CornWall at The Entrepreneurial Mind points us to an article from Red Herring that indicates only 10 venture-capital backed companies filed IPOs in the first quarter of 2005. However, buyouts are continuing at their usual pace.
Stay tuned - I'm betting we'll hear more and more of these reports shortly.

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