Well I didn’t get a “IPO’s Expected this Week post, but I am getting this one done with the stats for the Friday IPO’s of DG – Dollar General Corporation and RUE – rue21, Inc..
DG – Dollar General Corporation
Shares Offered (Millions): 34.1M
Revised Shares (Millions):
Initial Range: $21 – $23
Revised Range: $
Date Priced: 11/13/09
Priced: $21.00
Opened: $22.00
First Day Close: $2.73
Lead Underwriters: Citigroup, Goldman Sachs, Banc of America Sec, JP Morgan, Kohlberg Kravis & Roberts
Description: Dollar General is the largest discount retailer in the US by number of stores (8,700 in 35 states).
RUE – rue21, Inc.
Shares Offered (Millions): 6.8M
Revised Shares (Millions):
Initial Range: $16 – $18
Revised Range: $
Date Priced: 11/13/09
Priced: $19.00
Opened: $23.00
First Day Close: $24.30
Lead Underwriters: Banc of America Securities, Goldman Sachs and JP Morgan
Description: rue21 is a value-focused teen fashion retailer with 502 stores in 43 states.
