Posted: Mon., Jun. 12, 2000

RSS
Print Article
Email Article
Digg
Discussions

Artisan lines up its IPO

Company plans to sell 6 million shares

NEW YORK -- Artisan Entertainment is moving forward with its initial public stock offering as the company plans to sell about 6 million shares with a price range of $16-$18 a share, raising an estimated $124 million.

The company said in a filing with the Securities and Exchange Commission that it expects net proceeds of $93.4 million after IPO-related expenses and assuming a midrange sale price of $17 a share.

After the offering, the Gotham-based indie will have 22.8 million shares outstanding.

The timing of the IPO wasn't specified. However, the rocky financial markets so far this summer could mean the company might hold off a bit, possibly until the fall.

TALKBACK:

Have an opinion about this article? Be the first to comment


Q What are the top 3 things affecting our industry today?
A. Martin - 1) The inability to take chances on new blood. 2) Aiming for the middle. 3) Self-imposed... more >


Submit this form
Tressa, one of the many stars of A&E's 'Intervention,' talks about her lengthy battle with methamphetamine. ; reality show; intervention; A&E; emmy contenders; drug addicts; variety; Interviews with Erick McCormack, Daniel Dae Kim & Christa Miller, stars of A&E's new sci-fi thriller, 'The Andromeda Strain.'; Erick McCormack; A&E; tv; sci-fi; The Andromeda Strain; variety; Daniel Dae Kim & Christa Miller;


© 2008 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved. Use of this website is subject to its Terms & Conditions of Use. View our Privacy Policy.