Tag Archives: Stephen Ross

Issuing New Security

Equity is sold to all interested investors in a cash offer. If the cash offer is a public one, banks are usually involved. Banks are financial intermediaries that perform a wide variety of services. In addition to taking deposits and making loans, they also aid in the sale of securities, facilitate mergers and other corporate reorganizations, act as brokers to both individual and institutional clients, and trade for their own accounts. Until late 2008 much of this activity was undertaken