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Home>UPDATE: Alibaba reportedly exercising green shoe option

UPDATE: Alibaba reportedly exercising green shoe option

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Mon, 22 Sep 2014

E-commerce company Alibaba Group's (BABA) bankers are reportedly exercising their option to sell more shares, Dow Jones Newswires reported Sunday, citing unnamed sources familiar with the matter. The so-called green-shoe option, which is often exercised if demand for the stock is strong, would
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