Morgan Stanley Distributes Facebook IPO Profits
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Morgan Stanley Distributes Facebook IPO Profits

Singapore : Singapore | Aug 17, 2012 at 4:27 PM PDT
Source: Asian Wall Street Journal
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Profits made by banks underwriting Facebook Inc.'s initial public offering as the stock fell were distributed this past week from a pool of about $100 million, say people with knowledge of the deal. The banks together made the money through a process known as stabilization, which is a standard procedure... FULL ARTICLE AT Asian Wall Street Journal
 
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