GLG trades above listing price

Fri Nov 9, 2007

The newly created GLG Partners, formed when the U.K.-based hedge fund firm completed a reverse takeover of shell company Freedom Acquisition, began trading on the NYSE Euronext on Monday at $13.70 per share and finished the day up 6.6%. By Thursday, GLG’s stock had given back some of its gains but remained above its listing price, closing at $13.90....

ISSN: 2151-1845 / CDC10004H

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