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IPO Market Snaps Back as Taste for Risk Returns

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M&A MANIA RETURNS
Five companies went public yesterday, making this week the biggest for initial public offerings in more than a year-and-a-half. "So far this week five companies raised a total of $2.97 billion, making it the biggest for IPO money-raising since the week of April 20, 2008," the Wall Street Journal reported. "With two more deals scheduled to price Thursday night, it could be the biggest week since March 17, 2008, which saw an all-time high of new cash raised thanks to Visa's $19.65 billion IPO."

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