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VOL. 129 | NO. 128 | Wednesday, July 02, 2014

ServiceMaster Completes Public Offering

By Bill Dries

Print | Front Page | Email this story | Email reporter | Comments ()

ServiceMaster Global Holdings Inc. announced Tuesday, July 1, that it has completed its initial public offering of common stock at $17 a share.

The shares began trading June 26 on the New York Stock Exchange.

The Memphis-based company went public to pay down its debt.

The underwriters also exercised in full their option to purchase an additional 5.3 million shares of common stock.

With that included, the company sold a total of 41.2 million shares of common stock in the initial public offering.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 108 194 12,820
MORTGAGES 108 222 16,692
FORECLOSURE NOTICES 1 5 3,295
BUILDING PERMITS 0 162 27,856
BANKRUPTCIES 71 139 10,629
BUSINESS LICENSES 25 48 4,252
UTILITY CONNECTIONS 104 216 16,566
MARRIAGE LICENSES 22 55 3,746

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