After a nearly three month period without an IPO in the United States, three companies are slated to go public in the US the week of February 9. The three companies are:
- Mead Johnson, an Indiana-based maker of baby formula, that is being spun out of its parent company, Bristol-Myers Squibb Co. Mead Johnson plans to list on the NYSE and sell 25 million shares in an estimated range of $21 to $24 per share.
- O’Gara Group Inc., a security firm, will seek to raise $144 million on the Nasdaq.
- Changing World Technologies Inc, a company that makes renewable diesel fuel, will seek to raise $35.75 million in a listing on NYSE Alternext.
Reuters reports that the last IPO to price was that of online university operator Grand Canyon Education Inc. back in Nov. 2008 (previously discussed here).
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