RE/MAX Holdings prices IPO above the range at $22, raising $220 million

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RE/MAX Holdings, a leading franchisor of residential real estate brokerages in the US and Canada, raised $220 million by offering 10.0 million shares (all primary) at $22, above the range of $19 to $21. RE/MAX plans to list on the NYSE under the symbol "RMAX". Morgan Stanley, BofA Merrill Lynch and J.P. Morgan acted as 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 The NASDAQ OMX Group, Inc.




This article appears in: News Headlines , IPOs

Referenced Stocks: RMAX

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