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The stock market generated 27 initial public offerings for combined proceeds of $11.4 billion in September, down from 29 deals that generated $12.9 billion in proceeds in the year-ago period, Ipreo Capital Markets reported on Tuesday. Total U.S. backlog rose to 52 deals with expected proceeds of $7.8 billion, from 27 deals with targeted proceeds of $7.7 billion.
...read full article on Market Watch
