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U.S. Government Shutdown Paralyzes IPOs, Imperiling Expectations for 2019

U.S. Government Shutdown Paralyzes IPOs, Imperiling Expectations for 2019

The government shutdown is threatening to spoil what was poised to be a banner year for IPOs.

The partial closure of the Securities and Exchange Commission is forcing companies that were seeking to list shares in January to push back their plans, according to bankers and lawyers. They include biotechnology firms Gossamer Bio Inc., Alector Inc. and Blackstone Group LP’s Alight Solutions LLC.

It…

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