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NetSpend stock offering delayed
Austin-based NetSpend Holdings Inc. has postponed its $200 million-plus stock that is initial because of regulatory issues associated with the https://titleloansusa.info primary provider concerning the prepaid debit cards NetSpend areas.
NetSpend had been expected to cost the offering Thursday and start stocks which can be offering the overall public this early early morning.
Analysts had stated the providing might be well-received because of NetSpends position in the fast-growing market for prepaid debit cards, through which it is actually a leading provider.
Even so the providing is postponed until a weeks that are few according to IPOhome.com, which tracks industry for initial offerings, as well as the Wall Street Journal. (more…)