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Buff Corp proposed selling 5 million shares to the public and enlisted the assistance of Morgan Stanley, who agreed to facilitate the transaction for a
Buff Corp proposed selling million shares to the public and enlisted the assistance of Morgan Stanley, who agreed to facilitate the transaction for a fee. In the end, the underwriter acquired million shares at a price of $ per share. What is the most suitable term to describe this underwriting situation?
Negotiated Purchase
Best Efforts
Private Placement
Rights Offering
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