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Article: Hyatt Hotels Celebrates IPO, Successsful First Day of Trading on NYSE.
- Article from:
- Travel & Leisure Close-Up
- Article date:
- November 12, 2009
CopyrightCOPYRIGHT 2009 Close-Up Media, Inc. 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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Hyatt Hotels Corp., a global hospitality company, opened for trading on November 5 on the New York Stock Exchange under the ticker symbol "H" after its successful initial public offering in which it raised $950 million in gross proceeds, the company reported.
Headquartered in Chicago, Hyatt Hotels Corp. is the 18th IPO by an operating company on the New York Stock Exchange this year.
"On behalf of my NYSE Euronext colleagues, I want to congratulate Hyatt Hotels on the successful completion of its IPO and NYSE listing," said Duncan Niederauer, Chief Executive Officer, NYSE Euronext. "Hyatt is a leading global brand and a welcome addition to our listed ...