Pure Storage Inc Plans To Set Price $17 Per New Share
Storage company Pure Storage Inc. is set to price its initial public offering at $17 a share, at the midpointContinue Reading
Source: thrasherbacker.com
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Pure Storage Inc Plans To Set Price $17 Per New Share
Storage company Pure Storage Inc. is set to price its initial public offering at $17 a share, at the midpoint of its normal extent, as per individuals acquainted with the deal. At that price, the deal, which would raise $425 million by selling 25 million shares, values the company at $3.1 billion. Pure Storage had planned to offer 25 million shares at $16 to $18 each, as indicated by administrative filings. Starting late Tuesday, the estimating was not settled could in any case change pending a second ago exchanges, the general population acquainted with the deal said. On the off…
Source: thrasherbacker.com