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Freescale Semiconductor (FSL) underperformed already-reduced IPO expectations, selling 43.5M...
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Thursday, May 26, 2011, 6:16 AM ETFreescale Semiconductor (FSL) underperformed already-reduced IPO expectations, selling 43.5M shares yesterday for $18 each and bringing in a total of $783M. The company, which at one point had hoped to raise $1.15B, recently cut the size of its expected offering to $870M in the face of tepid investor demand.
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