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Directed Sale
(redirected from Directed Sales)

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Directed Sale
In underwriting, the sale of a large block of a security to a single investor. The lead underwriter handles a directed sale and withholds shares in the block from other members of the underwriting syndicate.

directed sale
The sale of a block of stock to a single buyer as part of a new issue. Shares for a directed sale are withheld by the lead underwriter from members of the underwriting syndicate.


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