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public sale

   Also found in: Dictionary/thesaurus, Financial 0.01 sec.
See: auction


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? Mentioned in ? References in periodicals archive
 
s announcement of a public sale of 20 million common shares in a new offering priced at $17.
It was reported in the French daily newspaper Liberation that on the eve of the public sale, professionals were invited to take first pick of the collection.
Investors in the public sale are institutional investors, including commercial banks, thrifts, several insurance companies and money managers.
 
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