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PBF Energy (PBF) sets an IPO range of $25-$27/share. With 16.5M shares for sale, the company...

PBF Energy (PBF) sets an IPO range of $25-$27/share. With 16.5M shares for sale, the company would raise $429M at the midpoint. Partly owned by Blackstone, the company was formed in 2008 to acquire oil refineries (it now owns 3) and other downstream assets.
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