Bloomin’ Brands IPO: The parent company of Outback Steakhouse, Bloomin’ Brands, carrying on its IPO roadshow, cut its IPO price to $11, lower than the previously announced IPO issuance interval of $13 – $15. Bloomin’ Brands intends to offer 16 million common shares (19% by the selling shareholders), to raise $176 million. The company will be listed on the NASDAQ Global Select Market under the symbol “BLMN.” Bank of America Merrill Lynch, Morgan Stanley, JP Morgan Chase, Deutsche Bank and Goldman Sachs are working as the lead underwriters of Bloomin’ Brands IPO.
Wednesday, May 22nd, 2013
