Tuesday, November 15, 2005

Is MasterCard IPO in Jeopardy? - Sale Might be Postponed or Terminated (WayTooHigh.com)

Based on recent media interviews, The Credit Card Interchange Report - WayTooHigh.com is sensing that the planned MasterCard Inc. IPO might not happen.

The privately held corporation which is owned by 1,400 banks may either postpone or terminate the planned IPO due to the heightened focus on its credit card interchange fees.

With even more antitrust filings against the giant charge card association earlier this week, although entirely unsubstantiated, it now seems possible that the organization could choose not to pursue their planned IPO. The timing and structure of the IPO is especially noteworthy.

[source: WayTooHigh.com]