Milestone AV Technologies (MLS) Sees IPO Price of $12-$14
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Milestone AV Technologies, Inc. (NYSE: MLS) has filed an amended registration statement with the SEC for an initial public offering of its common stock. The Company is offering 12,000,000 shares and expects the offering price to be between $12-$14 per share. The Company plans to list on the NYSE under the symbol "MLS".
The offering is being made through Wachovia Securities, Piper Jaffray, William Blair & Company, Jefferies & Company and Robert W. Baird & Co.
Milestone Tech is a leading designer, marketer and distributor of branded audio visual, or AV, mounting equipment and display solutions. The Company believes it has the largest market share in North America for flat panel display mounting solutions, projector mounting solutions and speaker stands, based on sales, and is one of the top providers of AV furniture and other AV products and accessories.
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