beauty contest


Executives from a company that is beginning the Initial Public Offering (IPO) process invite prospective underwriters from investment banks to tour the company. The company has two objectives going into a beauty contest: to invite interest from the underwriters by making a good impression and to identify the underwriter it believes will do the best job with the IPO.

Related Terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
beat the gun beauty parade