» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
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.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 101 475 12,596
MORTGAGES 118 550 14,643
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 874 26,292
BANKRUPTCIES 50 268 8,428
BUSINESS LICENSES 30 129 4,242
UTILITY CONNECTIONS 50 280 9,241
MARRIAGE LICENSES 7 56 3,062

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.