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Man U shares make flat debut

Updated: August 10, 2012, 8:13 PM ET
Associated Press

NEW YORK -- Soccer club Manchester United made a disappointing debut on the New York Stock Exchange on Friday, even after opening at a discounted price, with enthusiasm for the celebrated team overshadowed by its debt load and financial track record.

Many had expected that fans of one of the most famous soccer club in the world would snap up shares, leading to a pop in early trading, but that didn't materialize. Some analysts had warned that the initial public offering was overvalued, particularly ...

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