Virgin Trains USA delays IPO plans - Dealers Care

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Wednesday, 13 February 2019

Virgin Trains USA delays IPO plans

By Diptendu Lahiri (Reuters) - Virgin Trains USA has delayed its plans to raise more than $500 million in an initial public offering, a company spokeswoman said on Tuesday. The railroad had planned to sell 28.3 million shares in its IPO, which was expected to be priced at $17 to $19 per share, according to its filing with the U.S.

from Latest News Business on Firstpost http://bit.ly/2UWYtM8

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