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SeaCube Container Leasing is now trading on the NYSE under the symbol BOX. The company closed its first day of trading at $11 after pricing its IPO of 9.5 million shares at $10 per share, well below its expected range of $16 to $18. Fortress Investment Group offered 7 million of the shares, more than the 5 million originally considered, and reduced its stake to about 47%. Underwriting for the offering was led by JP Morgan, Citi, Deutsche Bank and Wells Fargo Securities.
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