AdvancePierre Foods (APFH) IPO Opens Up 12%
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AdvancePierre Foods Announces Pricing of Initial Public Offering
July 14, 2016 6:24 PM EDTCINCINNATI--(BUSINESS WIRE)-- AdvancePierre Foods Holdings, Inc. (AdvancePierre), a leading national producer and distributor of sandwiches, sandwich components and other entrées and snacks, today announced the pricing of its initial public offering of shares of its common stock. In the offering, AdvancePierre is selling 11,090,000 shares of common stock and the selling stockholders are selling 7,510,000 shares of common stock. The initial public offering price is $21.00 per share for a total base offering size of $390,600,000. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 2,790,000 shares of common stock, at the initial... More
