Healthcare alliance Premier prices IPO above the range at $27, raising $760 million

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Premier, a member-owned healthcare alliance offering supply chain and performance services, raised $760 million by offering 28.2 million shares (all primary) at $27, above the range of $23 to $26. Premier, which initially filed confidentially on 5/31/13, plans to list on the NASDAQ under the symbol "PINC". J.P. Morgan, BofA Merrill Lynch and Wells Fargo Securities acted as the lead managers on the deal.

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



This article appears in: News Headlines IPOs
Referenced Stocks: PINC


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