zulily prices IPO above upwardly revised range at $22, raising $253 million

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zulily, a flash sales site offering deals on children's apparel and other products for moms, raised $253 million by offering 11.5 million shares (45% insider) at $22, above the upwardly revised range of $18 to $20. The company had originally filed a range of $16 to $18. zulily, which initially filed confidentially on 8/9/2013, will list on the NASDAQ under the symbol "ZU". Goldman Sachs, BofA Merrill Lynch and Citi 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

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