Ooooofffff. As haircuts go, that was a dental appointment. Sans gaz.

The initial public offering of MF Global Ltd. (MF), the brokerage business of Man Group Plc, priced at $30 a share, below the expected range, an underwriter said on Wednesday...

...The deal had been expected to price between $36 and $39 per share.

IPO of Man unit prices below expectations
Reuters (via FT Alphaville) Jul. 19 2007

Greg Newton

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