Is it true that Shake Shack will serving upto $1 Billion IPO in 2015?
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- eAnswers...Jan 7, 2015
Yes, it is true that Shake Shack will serve upto $1 Billion IPO in 2015. Danny Meyer in New York started this company with a hotdog cart in Manhattan's Madison Square Park. And now Shake Shack has more than 63 outlets in 30-plus cities from London to Dubai. Whereas Shake Shack used a $100 million place holder for the IPO, but people of Bloomberg were familiar with this matter and aims for a $1 billion valuation.
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