A sale by IBM of new stock to the public would be a(n)
A) short sale.
B) seasoned equity offering.
C) private placement.
D) secondary-market transaction.
E) initial public offering.

Question

Quizplus · Accepted Answer

A seasoned equity offering refers to the process where a company that is already publicly traded issues additional shares to the public. This is different from an initial public offering (IPO), where a company offers shares to the public for the first time.

A Sale by IBM of New Stock to the Public