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Manchester United Said to Raise $233 Mln Pricing IPO Below Range

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Manchester United IPO
Manchester United players, past and present are seen in this poster posted outside the stadium at Old Trafford in Manchester. Photographer: Paul Thomas/Bloomberg

Aug. 9 (Bloomberg) -- Manchester United Plc priced 16.7 million shares at $14 each in its U.S. initial public offering, below the marketed price range, said a person with knowledge of the information.

The person asked not to be named because the pricing details haven’t been made public. The English soccer club and Glazer family had offered 16.7 million shares for $16 to $20 each.

Link to Company News:{MANU US <Equity> CN <GO>}

To contact the reporter on this story: Lee Spears in New York at lspears3@bloomberg.net

To contact the editor responsible for this story: Elizabeth Wollman at ewollman@bloomberg.net

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