OpenIPO:
The OpenIPO auction for Morningstar, Inc. has been completed.
Morningstar has
set an offering price of $18.50. All auction participants with bids at or above the offering price will receive a pro-rated percentage of the shares bid for, rounded to the nearest 100 shares. |
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Successful bidders should be able to see the executed trade in their brokerage accounts on Tuesday, May 3, 2005. To view
the completed trade, login to your WRH+Co brokerage account.
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Morningstar, Inc. is a leading provider of independent investment research in the United States and in major international markets. The company’s mission is to create great products that help investors reach their financial goals. Morningstar offers an extensive line of Internet, software, and print-based products for individual investors, financial advisors, and institutional clients. |
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| Offering Type |
OpenIPO |
| Exchange |
NASDAQ |
| Symbol |
morn |
| Lead Manager |
WR Hambrecht + Co |
| Co-Manager(s) |
– |
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| Share Type |
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| Total Shares Offered |
7,612,500 |
| Issuer |
0 |
| Shareholders |
7,612,500 |
| Price |
$18.50 |
| Offering Date |
05/02/05 |
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Auction Timeline
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