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

ServiceMaster Completes Public Offering

By Bill Dries

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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 65 65 1,775
MORTGAGES 97 97 2,225
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 3,405
BANKRUPTCIES 65 65 1,551
BUSINESS LICENSES 20 20 637
UTILITY CONNECTIONS 121 121 2,076
MARRIAGE LICENSES 22 22 277

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