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MasterCard's initial public offering
May 25th 2006
From The Economist print edition
SOME things in life are priceless, according to MasterCard's long-running advertising campaign. By definition, the credit-card group's initial public offering, due to take place as The Economist went to press on May 25th, cannot fall into this category. In return for 46% of its equity, it was set to raise $2.4 billion.
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