Was Manchester United IPO Priced to Perfection?

Play

Aug. 10 (Bloomberg) -- Bloomberg's Dominic Chu reports that investors may be viewing the Manchester United IPO as being priced to perfection as it priced at $14 per share, less than the anticipated $16-$18 range. In spite the lower IPO price, the team is ranked as the highest valued sports franchise in the world. He speaks on Bloomberg Television's "Money Moves."