Metaldyne Performance Group (MPG) IPO Prices at $15, Below Expected Range

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Go back to Metaldyne Performance Group (MPG) IPO Prices at $15, Below Expected Range

Metaldyne Performance Group (MPG) IPO Opens Modestly Higher

December 12, 2014 9:45 AM EST

Toay's IPO for Metaldyne Performance Group (NYSE: MPG) opened for trading at $15.25 after pricing 10,000,000 shares of common stock at a price to the public of $15 per share, below the expected $18-$21 range.

All of the shares in the offering are being offered by an affiliate of American Securities LLC, ASP MD... More