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Thursday, July 31, 2014

Synchrony Raises $2.88 Billion Pricing IPO at Low End of Range

... for $23 apiece, according to data compiled by Bloomberg, after offering them for $23 to $26. At the IPO price, Stamford, Connecticut-based Synchrony has a market value of about $19 billion. GE, which didn't sell shares in the IPO, will own 85 ...

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