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A Boom in Bought Deals – Wall Street Journal – Huge Deals Daily

A Boom in Bought Deals – Wall Street Journal

A Boom in Bought Deals
Wall Street Journal
U.S. equity issuance has fallen to levels rarely seen in the last decade, but at least one corner of the market is booming: so-called bought deals. In a bought deal, companies sell a block of stock to a bank or banks at a discount. The bank then bears

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