Tuesday, July 3, 2007

Carlyle Capital confirms trimmed IPO

(Reuters) - Trading in the 15.8 million new shares plus a reoffering of 173,200 shares is expected to start on July 4, the affiliate of private equity firm Carlyle Group said in a statement. The company initially planned to issue 18.9 million new shares.




Last week, CCC's chief executive John Stomber told Reuters the company had cut the price and the volume of the offering due to "headwinds" in the market. It also postponed the issue.


Read more at Reuters.com Mergers News

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