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Former Wal-Mart CEO Duke joins private equity firm
Former Walmart President and CEO Mike Duke talks with First Lady Michelle Obama at the quarterly meeting of member CEOs of the Business Roundtable on March 13, 2013. Photo credit: Walmart.
Washington, D.C. – Mike Duke, former president and CEO of Wal-Mart Stores, has joined global alternative asset manager The Carlyle Group. Mike Duke as an operating executive in the Global Consumer & Retail group. He began his duties in mid-April.
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Etsy completes IPO; valued close to $4 billion
Brooklyn, N.Y. – Etsy Inc., the online marketplace for handmade arts, crafts and clothing, has gone public with a bang. Shares opened on Thursday at $31 a share, almost twice their initial public offering price. As of April 16, Etsy is trading on the NASDAQ stock exchange under the ticker symbol “ETSY.”
After the offering, the total number of shares outstanding will be 110.9 million. Based on the opening price, Etsy is valued at over $3.7 billion.

