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Graff IPO Price Range Is Quite Wide: Expert

Philippe Espinasse, former investment banker and author of IPO: A Global Guide, told CNBC, "It is an interesting transaction obviously the deal size could be quite large more than a billion US dollars but what is interesting is that the lead banks have built in quite a bit of flexibility, the deal size could vary and the price range is very wide."
05:02
Mon, May 21 20124:30 AM EDT