Freescale (FSL) IPO Opens at $19
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The IPO for Freescale (NYSE: FSL) opens at $19, after pricing at $18, the low end of the expected $18-$20 range which was recently lowered.
Citi, Deutsche Bank Securities, Barclays Capital, Credit Suisse and J.P. Morgan are acting as joint book-running managers for the offering. Goldman, Sachs & Co., RBC Capital Markets, UBS Investment Bank, Sanford C. Bernstein, Gleacher & Company, Oppenheimer & Co., Pacific Crest Securities and Piper Jaffray are acting as co-managers for the offering.
Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial and networking markets. The company is based in Austin, Texas, and has design, research and development, manufacturing and sales operations around the world.
Citi, Deutsche Bank Securities, Barclays Capital, Credit Suisse and J.P. Morgan are acting as joint book-running managers for the offering. Goldman, Sachs & Co., RBC Capital Markets, UBS Investment Bank, Sanford C. Bernstein, Gleacher & Company, Oppenheimer & Co., Pacific Crest Securities and Piper Jaffray are acting as co-managers for the offering.
Freescale Semiconductor is a global leader in the design and manufacture of embedded semiconductors for the automotive, consumer, industrial and networking markets. The company is based in Austin, Texas, and has design, research and development, manufacturing and sales operations around the world.
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