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Shen Brothers Inc sold 6 million shares in its IPO at a price of $ 1 7 . 2 5 per share. Management negotiated a

Shen Brothers Inc sold 6 million shares in its IPO at a price of $17.25 per share. Management negotiated a fee, the underwriting spread of 9% on this transaction. That was the dollar cost of this fee. Run to the two place.

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