What is ‘Takedown’
1. The price at which underwriters obtain securities to be offered to the public.
Explaining ‘Takedown’
1. The takedown will be a factor in determining the spread or commission underwriters will receive once the public has purchased securities from them. A full takedown will be received by members of a syndicate. Dealers outside of the syndicate receive a portion of the takedown while the remaining balance remains with the syndicate.
Further Reading
- Inside Darknet: the takedown of Silk Road: Marie-Helen Maras reports on the unexplored underworld of cyberspace – www.tandfonline.com [PDF]
- Disrupting Daesh: measuring takedown of online terrorist material and its impacts – www.tandfonline.com [PDF]
- Basis risk, partial takedown and hedging by financial intermediaries – www.sciencedirect.com [PDF]
- Takedown: Inside the Hunt for Al Qaeda – www.tandfonline.com [PDF]
- 'Notice and takedown': a copyright perspective – www.elgaronline.com [PDF]
- The Equustek Effect: A Canadian Perspective on Global Takedown Orders in the Age of the Internet – www.oxfordhandbooks.com [PDF]
- Three essays on the economics of shadow banking – dataspace.princeton.edu [PDF]
- A pioneering undertaking to be optimized: legal transplantation and practice of the notice and takedown regime under China's Patent Law – www.elgaronline.com [PDF]
- Takedown Notice: A Conversation with Paolo Cirio – online.ucpress.edu [PDF]
