Big 5 Sporting Goods Corporation Prices Initial Public Offering.Business Editors Big 5 Sporting Goods Big 5 Sporting Goods (NASDAQ: BGFV) is a sporting goods retailer headquartered in El Segundo, California with 344 stores in 10 western states. Steven G. Miller is the Chairman, President, and CEO. Corporation (Nasdaq:BGFV) today announced the initial public offering of 8,050,000 shares of its common stock at a price of $13 per share. Of the shares being offered, 6,463,343 are being sold by the company and 1,586,657 are being sold by certain of the company's stockholders. Of the shares being sold by the company, 350,000 shares will be purchased directly by affiliates of Leonard Green & Partners, L.P. The shares will trade on The Nasdaq Stock Market's National Market under the symbol "BGFV". The offering was lead-managed by Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. and co-managed by U.S. Bancorp  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution , Jefferies & Company, Inc. and Stephens Inc. The underwriters have an option to acquire up to 1,155,000 additional shares from the company and the selling stockholders for the purpose of covering over-allotments, if any. A copy of the prospectus relating to the offering may be obtained from Credit Suisse First Boston, Prospectus Department, Eleven Madison Avenue, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , N.Y. 10010-3629 (Telephone Number 212-325-2580). Big 5 Sporting Goods, through its wholly-owned subsidiary, Big 5 Corp., is the leading sporting goods retailer in the western United States Noun 1. western United States - the region of the United States lying to the west of the Mississippi River West Santa Fe Trail - a trail that extends from Missouri to New Mexico; an important route for settlers moving west in the 19th century , operating over 260 stores in 10 states under the name "Big 5 Sporting Goods." This press release appears as a matter of record only and does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. A registration statement relating to these securities has been filed with and has been declared effective by the Securities and Exchange Commission. |
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