Leveraged IPOs: The Deluge

11/27/06 - 07:15 AM EST

Matthew Goldstein

Of the 10 biggest private-equity-backed IPOs this year, four -- Hertz, Warner Chilcott, Goodman Global(GGL Quote - Cramer on GGL - Stock Picks) and Exco Resources(XCO Quote - Cramer on XCO - Stock Picks) -- came to market within two years of an LBO.

Clearly, patience is no longer a virtue for the wealthy managers of private-equity funds.
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