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Friday, October 30, 2009
10:44 AM TweetThis
  • Former Enron unit AEI canceled its IPO Thursday hours after it slashed the size of the deal by two-thirds. AEI is the first U.S.-listed IPO this year to be withdrawn after an attempt to price the offering. AEI faulted market conditions for the withdrawal, but analysts say its debt load, risk exposure and expected payout to its private-equity owners also raised concerns.
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