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Investment bank Cowen & Co. files for IPO

March 21, 2006

Cowen & Co, an investment bank and spin-off of Société Générale that focuses on the healthcare, technology, media and telecommunications, and consumer sectors, registered for an initial public offering Tuesday afternoon. The company posted total revenues of $297 million for the 2005 fiscal year. Cowen & Co., along with Credit Suisse and Merrill Lynch, will lead manage the deal. Terms and timing have yet to be announced.