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MFG off to slow start after disappointing listing price

by Paul Francis-Grey

The share price on MF Global (MFG), the brokerage arm of Man Group which eventually listed on 19 July, saw a disappointing start with a falling price starting at around $6-9 lower than expected.The lukewarm debut by the company was attributed to “poor demand”. Shares listed at $30 on New York Stock Exchange after...

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