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Many Names In IPO Pipeline Should Have Familiar Ring

….On the one hand, it might seem odd that these kinds of offerings are occurring in an IPO market that is soft at best. But, actually, many of these kinds of offerings are welcome in this kind of market, when investors are looking for IPOs from companies with longer track records. "Certainly in a market where there is so much uncertainty, investors are probably more likely to favor (offerings) from relatively older companies that there is more information about," said Michelle Lowry, assistant professor of finance at the Smeal College of Business at Penn State University in State College, Pa. For information on how to receive the full story, contact Steve Infanti in the Smeal College Media Relations' Office at smi3@psu.edu .

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REPORTERS & EDITORS: For more information, please contact Wyatt DuBois in the Smeal College of Business Media Relations Office at 814-863-3798 or wed112@psu.edu .

Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.

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