Allison IPO

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The sale was a huge success - they sold several million more shares than expected and the price was firm at $23.  The owners, two venture capitol firms, paid $5.6B for Allison in 2007, so this $600M sale recovers only a small portion of their investment.
 
I'll be watching their share price starting tomorrow. Many IPO offerings tank the day after, while others continue to rise in price.
 

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