Fairway Market files for a $150 million IPO

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Fairway Group Holdings, which operates 11 high-end grocery store chains in the greater NYC area, filed on Monday with the SEC to raise up to $150 million in an initial public offering. The New York, NY-based company, which was founded in 1954 and booked $587 million in sales for the 12 months ended 7/1/2012, plans to list on the NASDAQ under the symbol FWM. Credit Suisse, BofA Merrill Lynch, Jefferies & Co., and William Blair are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



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