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Chinese Video Site Tudou Sees Tough Timing With IPO
With the Dow down almost 400 points today, and investors running for cover from risk, Chinese video site Tudou is looking at some pretty tough timing for its IPO. In an updated SEC filing, Tudou has proposed selling 6 million American Depositary Shares for between $28-30 each, raising up to $180 million.
Categories: Deals & Financings, International
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