Wednesday, July 4, 2007

UPDATE 1-Carlyle affiliate begins trade at $20 per share

(Reuters) - On Tuesday, Carlyle Capital said it had placed 15.8 million
new shares at $19 per Class B stock. Shares traded up 0.8
percent at $19.15 by 0748 GMT.




CCC, which invests in fixed-income assets, had initially
indicated a price range of $20-$22 per share and a volume of
$400 million euros, but the company last week postponed its IPO
and reduced the price.


Read more at Reuters.com Mergers News

No comments: