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BATS reverses, decides to table plans for IPO

 
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Irene
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Joined: 01 Jan 1970
Posts: 17833

PostPosted: Mon Mar 26, 2012 7:05 am    Post subject: BATS reverses, decides to table plans for IPO Reply with quote

U.S. exchange operator BATS Global Markets withdrew its initial public offering mid-Friday after it became clear investor confidence had eroded, its chief executive said on Sunday, adding there are no plans for an IPO in the foreseeable future.

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