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Wealth and Asset Management
Wealthy Investors Shrug at Facebook IPO After Private Buys
Wealthy investors aren’t clamoring for a piece of Facebook Inc.’s initial public offering because some own the stock through private transactions while others shy away from risky technology deals, according to advisers. “It’s kind of the late arrivals who get excited around the time of the IPO,” said Jason Thomas,…
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Click here to read the full story: Business Week