Choppy Debuts May Darken Private Equity's IPO Exit Path

Law360, New York (June 28, 2013, 6:04 PM EDT) -- Two boom-era buyouts faltered in their initial public offerings this week, causing at least one more to delay its debut and triggering concerns of a fast-closing window for megabuyouts still in private equity hands.

HD Supply Corp., a construction materials company carved out of The Home Depot Inc. in 2008 by Carlyle Group LP, Bain Capital LLC and Clayton Dubilier & Rice, priced shares at $18 apiece on Tuesday, well below the planned $22 to $25 range.

And on Wednesday, technology firm CDW Corp. priced at...
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