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Reviews on the initial public offering of First Data (FDC), scheduled to price later Wednesday, are flashing caution signals, in what is set to be the largest IPO this year. The electronic payments processing giant plans to raise about $3 billion, offering 160 million shares at a price range of 18 to 20. That would surpass Tallgrass Energy (TEGP), which raised $1.2 billion with its IPO on May 6. The First Data IPO is expected to price after the Scalper1 News
Scalper1 News