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February 15, 2004
ASSURANCE IPO RAISES $1.68 BILLION IN NET PROCEEDS
Fortis (Brussels, Belgium; Utrecht, Netherlands) raised net proceeds of $1.68 billion in an initial public offering of 80 million shares of Assurant Inc. common stock at $22 per share, the top end of its asking price range (MHMR, Sept. 30, 2003).
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