NEW YORK: Two-thirds of US transaction attorneys believe the IPO market will be flat in 2013 compared to 2012, according to a survey by KCSA Strategic Communications.
The attorneys predicted a flat IPO market because of continued economic uncertainty, including the so-called US fiscal cliff, instability in the Eurozone, and decreased consumer confidence.
Meanwhile, 35% of respondents said they believe the IPO market next year will be stronger than in 2012. More than half of those attorneys said resolution of ...