Best Efforts Offering
An underwriting agreement where the underwriters use their best efforts to sell the stock; however, the underwriters have no obligation to buy stock not purchased by investors.
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PFGBest.com to launch new commodity fund Chicago-based brokerage PFGBest.com announced plans Wednesday to launch a $100 million commodity investment fund, with plans to set up an additional three to four funds in the next 18 months.
... 10/22/2008 6:05:00 PM chicagotribune.com - Business
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