Ferrari Files for IPO
Have you ever wanted to own stock in Ferrari? Well you might have your chance very soon. The Italy-based company filed for an IPO in New York earlier this week, hoping to raise $10 billion. According to Business Insider the Ferrari IPO has two secret internal company names "Project Owl" and "New Business Netherlands NV." Sources say it will be renamed "Ferrari" closer to the public sale of stock. No word on how much stock will be available, but it's safe to say the stakes will be high.
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