Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday April 17, 2012

Megaupload Worked on a Multi-Billion Dollar IPO

Getting arrested and having all your assets frozen sure can throw a monkey wrench in your plans for an IPO. Funny how that works. eek!

Before Megaupload was shutdown the company was preparing to go public and enter the US stock market with a multi-billion dollar IPO. While the US authorities were conducting their criminal investigation, Megaupload had discussions with some of the ‘Big Four’ auditors and several of the world’s largest investments banks.