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The startup that was supposed to be the first tech IPO of 2017 pulled a shady move on some of its own bankers (CSCO) Dan Frommer, Business Insider It looks like AppDynamics' last-minute deal to sell itself to Cisco — rather than go public as planned — was a surprise to more people than just investors. Some of the bankers working on the initial public offering, or IPO,were kept out of the loop until "moments before" the pressrelease, according to Bloomberg's Alex Sherman and Alex Barinka. Morgan Stanley, Goldman Sachs, and JPMorgan were the lead banks on the IPO, according to an SEC filing, with Barclays, U...
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