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Deals Rumor Mill: Lyft, Kantar, Blackstone

By Adam Rhodes (March 19, 2019, 8:01 PM EDT) -- The planned initial public offering of ride-hailing giant Lyft is already oversubscribed, Reuters reported on Tuesday. According to the report, its now more likely the company will hit its $23 billion valuation target. The company could also be valued even higher in the offering, Reuters noted. The report comes a day after Lyft launched the offering and said it plans to offer 30.8 million shares priced between $62 and $68 each....

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