Business & Finance
Sandwich Chain Jersey Mike’s, Backers Seek $1.09 Billion in IPO
Key Points
Sandwich Chain Jersey Mike’s, Backers Seek $1.09 Billion in IPO Sandwich chain Jersey Mike’s Subs Inc. and its shareholders are looking to raise as much as $1.09 billion in an initial public offering, as consumer-oriented companies join the US listing rebound. The Tinton Falls, New Jersey-based company plans to market about 43.5 million shares for $21 to $25 each, according to its filing Monday with the US Securities and Exchange Commission. That includes approximately 29.7 million shares...
Sandwich Chain Jersey Mike’s, Backers Seek $1.09 Billion in IPO
Sandwich chain Jersey Mike’s Subs Inc. and its shareholders are looking to raise as much as $1.09 billion in an initial public offering, as consumer-oriented companies join the US listing rebound.
The Tinton Falls, New Jersey-based company plans to market about 43.5 million shares for $21 to $25 each, according to its filing Monday with the US Securities and Exchange Commission. That includes approximately 29.7 million shares from shareholders including Blackstone and the Abu Dhabi Investment Authority.