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Muscle Pharm Corp. Message Board

  • carlsonshamrock carlsonshamrock Aug 21, 2014 4:40 AM Flag

    flop shows pitfalls of crowded IPOs

    The Chinese pork producer hired a record 29 banks but still failed to sell its $1.3 billion listing to investors. That undermines the standard wisdom that more advisers mean less risk for issuers. For banks, it’s a reminder that they can share embarrassment as well as sought-after league table credit.

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