Metaldyne Performance Group (MPG) IPO Opens Modestly Higher

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

December 12, 2014 7:41 AM EST

Metaldyne Performance Group Inc. (NYSE: MPG) announced the pricing of its initial public offering of 10,000,000 shares of common stock at a price to the public of $15 per share, below the expected $18-$21 range. The shares are expected to begin trading today on the New York Stock Exchange under the symbol "MPG."

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