DTLR Holding announces withdrawal of its $75 million IPO

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DTLR Holding, a street-inspired footwear, apparel and accessories retailer with 99 locations, announced in a press release on Friday that it plans to withdraw its initial public offering due to a business development, although it has yet to file an official statement of withdrawal with the SEC. The Hanover, MD-based company was founded in 1983 and booked $190 million in sales for the 12 months ended July 31, 2013. DTLR Holding initially filed confidentially on September 17, 2013. Baird and Piper Jaffray were set to be the joint bookrunners on the deal.



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This article appears in: News Headlines , IPOs

Referenced Stocks: DTLR

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