Real Estate Finance Cos. Colony, Apollo Halve IPOs
Colony revised its IPO to 12.5 million shares at $20 per share, in a deal now worth $250 million. The company had filed for a 25 million share IPO on Sept. 8.
The original IPO filing had included 3.75 million overallotment shares for underwriters, potentially adding $75 million to the deal. That amount too has been halved, to 1.875 million shares.
Apollo's revised IPO is...
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