Thursday, February 09, 2006

MasterCard Likely to Postpone IPO Until 2nd Quarter

Although an earlier Businessweek article described that the planned MasterCard International Inc. IPO may occur in the first quarter of 2006, the Wall Street Journal is reporting a possible new date might be anywhere through June, 2006. The article also indicated that "people familiar with the matter" are suggesting the delay is not connected with the merchant antitrust class action litigation. A MasterCard spokesperson also explained that they are unable to comment on the IPO due to SEC regulations.