Most Popular Articles
- Apple Fails to Patch Critical Exploited DNS Flaw (24 Jul 2008)
- Five iTunes 7.7.1 Bug Fixes Detailed (31 Jul 2008)
- MobileMe Mail and Gmail Go Down Simultaneously (11 Aug 2008)
- DNS Clients Have Small Vector of Risk after Patch (01 Aug 2008)
Recent TidBITS Talk Discussions
- iWeb and MobileMe question (2 messages)
- Odysseus, "Eudora style email client" (16 messages)
- Phishing susceptibility (49 messages)
- Using an iPhone when I drive (2 messages)
| Aladdin Systems Goes Public
In an unusual event in the Macintosh industry, Aladdin Systems, makers of the StuffIt family of compression products and numerous other Mac utilities, has gone public via a "reverse merger," which involves a private company merging with a dormant public company so its shares can be traded on public stock exchanges. Reverse mergers are generally easier, less expensive, and result in less-diluted stock than IPOs (initial public offerings). Aladdin Holdings, Inc., the parent company of which Aladdin Systems, Inc. is now a wholly owned subsidiary, is listed under the ticker symbol ALHI and currently trading at about $5 per share. Going public should increase Aladdin's valuation, give them greater access to capital, and enable them to use stock to acquire other products or companies - a strategy Aladdin has used of late to increase its product lineup.
READERS LIKE YOU! Support TidBITS with a contribution today!<http://www.tidbits.com/about/support/contributors.html>
Special thanks this week to Marc Fleisher, Jacobus Kats,
John J. Howard, and Bill Freese for their generous support!