GT Solar to Raise $500M in IPO. Wells Fargo & RBC to Get Paid.
GT Solar of New Hampshire has filed the documents to go public and plans to raise a rather tidy sum of $500M. However, unlike many IPOs where the 
funds are used to fund expansion and other business costs, the entire pot is going to investors Wells Fargo and RBC. That must be the most anticlimactic feeling in the world.
Story from VentureBeat
