Friday, January 14, 2022

TPG, Parent Company of CAA and DirecTV, Sets IPO Share Price

Must Read

MrBeast Ranks as Highest-Paid YouTube Star Ever, Earning an Estimated $54 Million in 2021

MrBeast, aka Jimmy Donaldson, had a very, very good 2021 — the YouTube maestro pulled down $54 million in...

Avril Lavigne’s ‘Love Sux’ Album to Feature Machine Gun Kelly, Mark Hoppus

Avril Lavigne announced on Friday morning (Jan. 14) that her upcoming seventh studio album, Love Sux, will drop on...

‘Santa Clause’ Series Starring Tim Allen Ordered at Disney Plus

“The Santa Clause” franchise is being continued as a limited series at Disney Plus with Tim Allen returning to...

TPG, the massive private-equity firm whose holdings include CAA and DirecTV, has set the price of its initial public offering at $29.50 per share, offering 33,900,000 shares of Class A common stock.

Per TPG, the shares are set to begin trading under the symbol “TPG” on the Nasdaq on Friday. TPG’s IPO is expected to close Jan. 18, subject to conditions.

“Of the offered shares, 28,310,194 shares are being offered by the Company and 5,589,806 shares are being offered by an existing strategic investor pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission (the ‘SEC’),” TPG said in a press release Thursday. “The underwriters

→ Continue reading at Variety

- Advertisement -
Bellevue
mist
41.7 ° F
45.7 °
38 °
90 %
0.6mph
40 %
Fri
51 °
Sat
48 °
Sun
46 °
Mon
49 °
Tue
50 °
- Advertisement -

Latest News

MrBeast Ranks as Highest-Paid YouTube Star Ever, Earning an Estimated $54 Million in 2021

MrBeast, aka Jimmy Donaldson, had a very, very good 2021 — the YouTube maestro pulled down $54 million in...

Avril Lavigne’s ‘Love Sux’ Album to Feature Machine Gun Kelly, Mark Hoppus

Avril Lavigne announced on Friday morning (Jan. 14) that her upcoming seventh studio album, Love Sux, will drop on Travis Barker’s DTA Records on...

‘Santa Clause’ Series Starring Tim Allen Ordered at Disney Plus

“The Santa Clause” franchise is being continued as a limited series at Disney Plus with Tim Allen returning to star as Scott Calvin, Variety...

‘Bachelorette’ Contestant Clint Arlis Dies at 34

Clint Arlis, who competed on Season 11 of “The Bachelorette,” died on Tuesday. He was 34. Arlis’ sister Taylor Lulek confirmed the news on...

Berlinale Reveals Series, Generation, Co-Production Market Titles

The shortened in-person Berlin Film Festival (Feb. 10-16) has revealed a raft of high profile shows that will participate in keenly anticipated annual fixture...
- Advertisement -

More Articles Like This