All Locked Up

ManU has "received enough orders for all shares being sold in its U.S. initial public offering," according to Wu & Hu of BLOOMBERG. The company and its owner, the Glazer family, "are seeking to raise as much as" $333M by selling 16.7 million shares at $16 to $20 each. An individual who declined to be identified because the talks are private said that banks managing the IPO are "scheduled to stop taking orders for the shares on Aug. 9 at noon in N.Y. ManU is "pressing ahead with the IPO" as the Standard & Poor's 500 index rebounds, rising more than 9% from its six-month low in June. Club spokesperson Philip Townsend declined to comment.