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.

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This article appears in: News Headlines , IPOs

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