Vanguard Health Systems (VHS) IPO Prices at $18, Below Expected Range
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Vanguard Health Systems, Inc. (NYSE: VHS) priced its initial public offering of 25 million shares at $18 per share, which was below the expected $21 - $23 range. Shares will begin trading on New York Stock Exchange today under the ticker "VHS."
The offering is being made through BofA Merrill Lynch, Barclays Capital, Citi, Deutsche Bank Securities, J.P. Morgan, Lazard Capital Markets, Wells Fargo Securities, RBC Capital Markets, Avondale Partners, Baird, Morgan Keegan, CRT Capital Group LLC, Gleacher & Company, Leerink Swann, and Ticonderoga Securities.
Vanguard Health Systems is an operator of regionally-focused integrated healthcare delivery networks with significant presence in several large and attractive markets
The offering is being made through BofA Merrill Lynch, Barclays Capital, Citi, Deutsche Bank Securities, J.P. Morgan, Lazard Capital Markets, Wells Fargo Securities, RBC Capital Markets, Avondale Partners, Baird, Morgan Keegan, CRT Capital Group LLC, Gleacher & Company, Leerink Swann, and Ticonderoga Securities.
Vanguard Health Systems is an operator of regionally-focused integrated healthcare delivery networks with significant presence in several large and attractive markets
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