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Posts Tagged ‘Jessica Toonkel’

By Liana B. Baker, Jessica Toonkel and Deepa Seetharaman (Reuters) – Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said. By restricting the allocation so […]

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By Akane Otani, Liana B. Baker and Jessica Toonkel NEW YORK (Reuters) – When Alibaba Group Holding Ltd begins trading on Friday the shares may not be able to avoid the kind of volatility typically seen in trading of eagerly anticipated IPOs, even as the bulk of the shares sold are expected to reside with […]

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