BizTerm Definition
Lead Manager
Full Definition

This is the underwriter who has ultimate control of the offering. Other underwriters are called co-managers. The names of the managers appear on the bottom of the front page of the prospectus, with the lead manager's name in the uppermost left. The lead manager controls all aspects of the offering, including how many shares of stock the co-managers get to sell, the timing of the road show, and the ultimate pricing of the deal.

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