After those few weeks, after the bulk of the issue has been bedded down and is known to be with those terminal investors, then that last free float can also be placed.

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We therefore suggest that there be a transition period when all parties can evaluate the workings of the new regime with a view to moving to an appropriate threshold once the system has bedded down.

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The whole point of front-loading the big reforms the Coalition is pushing through almost wherever you look is so that they are bedded down and delivering visible benefits which voters notice, by the time the next election hoves into sight.

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Once Boeing's boss, Phil Condit, and his then number two, Harry Stonecipher (who had been McDonnell's last boss), had bedded down the mergers, they realised they were sitting on a collection of assets that could be used to sprout all sorts of businesses aside from jetliners, rockets and satellites.

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