Chewy’s IPO Raises $1.02 Billion in Upsized Offering

PetSmart-controlled Chewy and its investors raised $1.02 billion in an expanded initial public offering, pricing its shares above an elevated target range. The online supplier of pet food and accessories sold 46.5 million shares on Thursday for $22 each, according to a statement. The company on Wednesday had raised its price range for 41.6 million […]
from The Seattle Times World – The Seattle Times http://bit.ly/2F8dB3R
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