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Albertsons IPO launches at lower price than expected (access required)

Albertsons, Idaho's retail gorilla, saw its IPO finally succeed after that company's previous IPO dud in 2015. The company's stock was up for sale late Thursday, June 25, and trading activity on the New York Stock Exchange on Friday. According to the Wall Street Journal, the shares were priced at $16 a share, lower than expected. Some ...

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