As Economy Slowly Recovers, Washington Area Companies Announce IPOs
(Washington Post) — A string of local companies have announced plans in recent weeks to go public, hoping to cash in on a reviving economy.
climate for initial public offerings is far from pre-recession conditions, especially as doubts grow about the strength of the economic recovery. But even slow improvement has cracked open the door for IPOs, and some companies are eager to push through.
Bethesda-based Walker & Dunlop and McLean’s Gladstone Land filed registrations to go public earlier this month with the Securities and Exchange Commission. They follow Booz Allen Hamilton, also based in McLean, and Gaithersburg-based BroadSoft.
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