Booz Allen's 14M-Share IPO Priced at $17
Management consultant Booz Allen Hamilton's initial public offering of 14 million common shares was priced at $17 a share.
McLEAN, Virginia (
) -- Management consultant
Booz Allen Hamilton
said its initial public offering of 14 million common shares was priced at $17 a share.
The stock is expected to begin trading Wednesday on the
New York Stock Exchange
under symbol "BAH."
The estimated price range of the deal was $17 to $19 a share.
Morgan Stanley was the IPO's lead underwriter.
Booz Allen
has roots dating back to 1914. It provides management and technology consulting services to more than 1,300 clients across the U.S. government.
-- Written by Joseph Woelfel
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