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Private-equity firms are having a veritable field day selling shares in follow-on offerings. WSJ...

Private-equity firms are having a veritable field day selling shares in follow-on offerings. WSJ reports Bain, KKR (KKR), Apollo Global (APO), and others unloaded more than $20B worth of shares in 50 offerings during Q1 alone, a 100% Y/Y increase and a record for a single quarter. These guys "know what they're doing," one wealth management VP told the Journal, "I would look at it as … evidence that stocks are more likely to go down than up." 
Comments (1)
  • SoldHigh
    , contributor
    Comments (1001) | Send Message
     
    Probably so, but "while the music is still playing, you gotta dance."
    10 Apr 2013, 04:36 PM Reply Like
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