Between now and June 30th, MasterCard International, Inc.® will either launch their much hyped IPO, or reach into its bag of excuses for why the company will again postpone or cancel the offering.
If they do not tender a revised date, then the offering is considered cancelled. "Market timing" is our best guess for the reason they may use. We think they will again be forced to disrupt their planned financial mechanism to protect the banks for the interchange litigation. Question: Why would investors who would then be on the hook for potential antitrust litigation payouts want the exposure from holding MC stock?
[source: WayTooHigh.com]
