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News Summary: IPO market thawing

By The Associated Press
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DEMAND UP: With new public stock offerings for guitar maker Fender and travel booking website Kayak on deck next week, there are signs demand is growing for IPOs after a five-week freeze triggered by a steep decline in financial markets and exacerbated by Facebook’s rocky May 18 debut.

THE FREEZE: Five companies are scheduled to go public next week. After Facebook, just four deals made it to market by the end of June, the longest stretch without an IPO since August-October 2011.

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