Dun & Bradstreet Going Public Again in Fresh IPO
After a brief period in private hands, a familiar name in corporate financial analytics is returning to the stock exchange. Dun & Bradstreet has launched an initial public offering (IPO) and is about to be listed anew on the market.
All told, the company floated just over 78.3 million shares of its common stock, priced at $22 each, to raise roughly $1.7 billion. This gives the company an initial market capitalization of around $8.8 billion. The shares are scheduled to trade on the New York Stock Exchange (NYSE) starting Wednesday under Dun & Bradstreet's old ticker symbol DNB.
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Source Fool.com
