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What is the difference between underwriting and best effort basis?
Wiki User
∙ 13y ago
Best effort agreement is an approach that investment bankers best effort agreement with a company that he will sell the shares on firm desired price while underwriter purchase share of all firm which is not to be able to sold when new shares are offer for sale in market.
by: KHURRAM NAWAZ
Wiki User
∙ 13y ago
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