Reuters: Global Markets: Annie's IPO prices above range

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Annie's IPO prices above range Mar 27th 2012, 22:36 Tue Mar 27, 2012 6:36pm EDT (Reuters) - Organic foods maker Annie's priced shares at $19, above its expected range on Tuesday, according to an underwriter. The Berkeley, California-based company sold 5 million shares, as planned, against a $16 to $18 range, raising $95 million. On Monday, Annie's raised its expected range from $14 to $16. Annie's selling shareholders will sell 4.05 million shares and the company will sell the remaining shares being offered. Private equity firm Solera Capital owns 90.5 percent of current stock and will sell 3.7 million shares.

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