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They're just relocating/centralizing their headquarters in Luxembourg. The IPO is from their Luxembourg office on their US office. Not a big deal.

Except look at all of the American Capital investment firms that were in on the offering - Goldman Sachs, JP Morgan, Morgan Stanley, Merrill Lynch.

Putting the good 'ol American dollar in good investment overseas. I'm happy for Skype, but this act doesn't exactly inspire confidence.

> this act doesn't exactly inspire confidence

Why exactly?

Uh, as a reply to myself, I think I confused an IPO with a tender offer.