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CM - A new IPO & PE investment as lenders redetermine - October 2019
IPO activity has been sparse in 2019. When one does appear on the horizon, we celebrate it because it means that investors believe new companies and management teams in the energy industry are worth the risk. At a projected $115 million in gross proceeds including greenshoe, Fortis Minerals (PG.1) will be the smallest domestic IPO to occur year to date, but hopefully will not be the last. Both Elliott Management and legendary activist shareholder......
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