Vanguard Health Systems (VHS) IPO Trades Slightly Higher
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Today's IPO for Vanguard Health Systems, Inc. (NYSE: VHS) is slightly higher after opening for trading earlier.
Shares are trading at $18.40 after pricing 25 million shares at $18 per share, which was below the expected $21 - $23 range.
The offering is being made through BofA Merrill Lynch, Barclays Capital, Citi, Deutsche Bank Securities, J.P. Morgan, Lazard Capital Markets, Wells Fargo Securities, RBC Capital Markets, Avondale Partners, Baird, Morgan Keegan, CRT Capital Group LLC, Gleacher & Company, Leerink Swann, and Ticonderoga Securities.
Vanguard Health Systems is an operator of regionally-focused integrated healthcare delivery networks with significant presence in several large and attractive markets
Shares are trading at $18.40 after pricing 25 million shares at $18 per share, which was below the expected $21 - $23 range.
The offering is being made through BofA Merrill Lynch, Barclays Capital, Citi, Deutsche Bank Securities, J.P. Morgan, Lazard Capital Markets, Wells Fargo Securities, RBC Capital Markets, Avondale Partners, Baird, Morgan Keegan, CRT Capital Group LLC, Gleacher & Company, Leerink Swann, and Ticonderoga Securities.
Vanguard Health Systems is an operator of regionally-focused integrated healthcare delivery networks with significant presence in several large and attractive markets
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