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Cancellation
When an IPO or secondary issue has difficulty getting investor interest, the company issuing the shares may be unwilling to reduce the price of the offering in order to entice investors into buying the new shares. Should that be an obstacle, the company may cancel the offering in favour or some other form of financing.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Initial public offering
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
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