Re/Max prices IPO, expects to raise at least $177 million

Some proceeds will be used to buy back franchising rights in 2 regions
Published on Sep 19, 2013

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by CareyBot

Franchisor Re/Max Holdings Inc. announced today that it has priced an initial public offering that it expects will net at least $177 million. The franchise network, which serves more than 90,000 agents in 6,300 offices and 90 countries, said it ...