Town Sports International Holdings, Inc. Prices Its Initial Public Offering
NEW YORK, June 2 /PRNewswire-FirstCall/ -- Town Sports International Holdings, Inc. (Nasdaq: CLUB - News) today announced that its initial public offering of 8,950,000 shares of common stock has been priced at $13.00 per share. Town Sports International Holdings, Inc. is selling 7,650,000 shares of common stock and certain selling stockholders are selling the remaining 1,300,000 shares to certain specified purchasers. In addition, the underwriters have been granted an option to purchase a maximum of...