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SandRidge Mississippian Trust II (SDR) expects to price its NYSE IPO of 26M shares $19-$21 each,...

SandRidge Mississippian Trust II (SDR) expects to price its NYSE IPO of 26M shares $19-$21 each, which would raise up to $546M. That's below the $603.75M that the trust said it planned to raise in a filing in January. The trust - created to own royalty interest in oil and natural gas wells - is a unit of SandRidge Energy (SD). (filing)
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