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Fly News Breaks for July 6, 2015
IMAX
Jul 6, 2015 | 05:47 EDT
B. Riley believes IMAX's application for an initial public offering of its China subsidiary should not be impacted from China's suspension of IPOs since the company is bringing its unit pubic on the Hong Kong Stock Exchange and not within China. The firm keeps a Buy rating on IMAX with a $53 price target.
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