[a1371]

> Morgan Stanley, Goldman Sachs & Co. LLC, Allen & Company LLC, and J.P. Morgan are acting as joint lead book-running managers for the offering

Can someone explain the advantage of simultaneously having these four massive companies as book runners?

[mitchell_h]

Couple reasons, spread the risk and increase the possible people to sell to.

[vismit2000]

More IBs (Syndicate) => More book building through more connections