SA News • Dec. 17, 2009
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Dec. 17, 2009, 1:45 PMNational Beef (NBP) becomes the latest of seven companies postponing an IPO this quarter, putting off a $293M offering that failed to draw enough interest at $15-17/share. Three other private equity-led offerings have cut prices this week in what “might be an indication of the exhaustion of the market,” according to one manager. | Comment!
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