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Education Management Corporation Announces Pricing of its Initial Public Offering.

Publication: PR Newswire
Publication Date: 02-OCT-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
PITTSBURGH, Oct. 1 /PRNewswire-FirstCall/ -- Education Management Corporation ("EDMC"), a leading provider of post-secondary education, today announced the pricing of its initial public offering of 20,000,000 shares of its common stock at $18.00 per share. The shares are expected to begin trading on The Nasdaq Global Select Market on October 2, 2009 under the ticker symbol "EDMC," and the offering is expected to close on October 7, 2009. EDMC has granted the underwriters a 30-day option to purchase up to an additional 3,000,000 shares at the initial public...

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