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Stock Building Supply files for a $175 million IPO
By: Renaissance Capital
Stock Building Supply Holdings, which manufactures and distributes wood products in the US, filed on Friday with the SEC to raise up to $175 million in an initial public offering. The Raleigh, NC-based company, which was founded in 1922 and booked $1.0 billion in sales for the 12 months ended 3/31/2013, plans to list on the NASDAQ under a symbol to be announced. Goldman Sachs, Barclays and Citi are the joint bookrunners on the deal.