Burlington Stores Inc. prices IPO at up to 260M

This pricing values the company at as much as $260 million. The company expects to receive approximately $205 million from the offering, and intends to use the net proceeds, along with cash on hand, to primarily redeem outstanding indebtedness, Burlington said in a statement. According to the announcement, the shares will be listed on the ...

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Derma Sciences acquires 7.3 percent of Comvita

Princeton-based advanced wound care company Derma Sciences announced Wednesday it has purchased 2.3 million newly issued common shares of New Zealand-based health and beauty company Comvita Limited for $7 million. The investment amounts to 7.3 percent of outstanding Comvita shares.

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