Burger King, the debt laden LBO IPO from prior Going Private fame, seems to be floating well. It occurs to me, perhaps LIPO, "Leveraged Initial Public Offering" should be a new term of art, leaving "LIPO Suction" to describe that great sucking sound you hear when the market tanks your LIPO. Yes. Too perfect. It is an official category now.
So how is the King doing for Texas Pacific Group? Let's just see.
As an aside: Google Finance drops the ball again. Using the BKC ticker gets you CPVC Blackcomb, Inc. Yahoo Finance has no issue. Maybe Google should just put (beta) next to its firmwide logo permanently?
(King Charles I (1600-1649), Unknown Artist, after Sir Anthony Van Dyke. Balliol College Portraits Collection).