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AmWINS Pulls IPO

AmWINS Group Inc., a Charlotte, N.C.-based wholesale distributor of specialty insurance products and services, has withdrawn its registration for a $115 million IPO. The company did not provide an explanation for its decision. 

 

AmWINS had planned to trade on the NYSE under ticker symbol AGI, with Merrill Lynch and Wachovia Securities serving as co-lead underwriters. Parthenon Capital acquired a controlling interest in AmWINS in October 2005. www.amwins.com