BATS exchange withdraws IPO after stumbles

NEW YORK (Reuters) - In a breakdown that resembled a mini version of the 2010 "flash crash," a series of blunders hit the market debut of BATS Global Markets Exchange Inc on Friday, causing the company to take the extremely rare step of withdrawing its initial public offering of shares.

Source: http://feeds.reuters.com/~r/reuters/businessNews/~3/BvhuArn338U/us-batsglobal-idUSBRE82M13A20120323

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