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Article: IPO market reawakening
- Article from:
- The Record (Bergen County, NJ)
- Article date:
- August 5, 2009
- Author:
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HUGH R. MORLEY, STAFF WRITER
The Record (Bergen County, NJ)
08-05-2009
IPO market reawakening -- Stock surge helps prompt new Vitamin Shoppe plan to sell shares
By HUGH R. MORLEY, STAFF WRITER
Date: 08-05-2009, Tuesday
Section: BUSINESS
Six months after North Bergen-based Vitamin Shoppe killed a planned IPO, blaming "unfavorable market conditions," the company is trying again and this time the market may be better.
Analysts say the surge in stock prices in recent weeks has made the market more receptive to IPOs, and the company could also benefit from the strong consumer interest in nutritional supplement products.
Vitamin Shoppe's owner, VS Holdings Inc., wants to raise $143.8 million, ...