initial public offerings (IPOs) trading on American exchanges

Tuesday, April 8, 2014

La Quinta prices IPO at $17 a share

La Quinta Holdings priced its initial public offering below the expected price and plans to sell more shares than anticipated, according to media reports late Tuesday. The hotel chain plans to offer just under 38.3 million shares at $17 a share, Bloomberg News reported. La Quinta was expected to price 37.2 million shares between $18 and $21 a share.

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