GARMIN LTD. RAISED $147 MILLION IN ITS INITIAL PUBLIC OFFERING DEC. 8 AND TRADED BETWEEN $19 AND $21 PER SHARE LAST WEEK
GARMIN LTD., an avionics manufacturer that specializes in global positioning system equipment, raised $147 million in its initial public offering Dec. 8 and traded between $19 and $21 per share last week, well above its opening at $14 per share. The IPO, underwritten by Merrill Lynch and Credit...
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