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The Knot Shares the Wealth
By Rick Aristotle Munarriz (TMFBreakerRick)
July 11, 2006

Wedding planning specialist The Knot (Nasdaq: KNOT) completed a private placement yesterday. It raised roughly $50 million before fees by selling 2.75 million shares at $18.25 a pop. That may seem like inconsequential news -- hot stock makes fat cat institutional investors happy to buy discounted shares -- but it's bigger than that.....
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