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Article: Freescale Semiconductor and Motorola Announce Pricing of Initial Public Offering and Debt Offering.
- Article from:
- PR Newswire
- Article date:
- July 16, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Freescale Semiconductor, Inc. and its parent company, Motorola, Inc. , today announced the initial public offering of 121,621,622 shares of Freescale Semiconductor Class A common stock at a price of $13.00 per share, for a total offering of $1.58 billion. Freescale Semiconductor's Class A common stock will be listed on the New York Stock Exchange under the symbol "FSL."
Freescale Semiconductor has granted the underwriters a 30-day option to purchase up to 18,243,243 additional Class A common shares at the initial public offering price. The global coordinator for the initial public offering is Goldman, Sachs & Co. The joint book-running managers for the initial ...