First U.S. restaurant IPO in four years
Bravo Brio Restaurant Group Inc., an Italian restaurant company with 83 restaurants, raised $140 million in an initial public offering Thursday, the first restaurant IPO in four years. The Columbus, Ohio-based Bravo Brio, which operates 46 Bravo! Cucina Italiana restaurants and 37 Brio Tuscan Grille locations, offered 10 million shares priced at $14 per share on the Nasdaq exchange. The company’s stock, traded under the BBRG symbol, rose 14 percent on its first day of trading to close ...
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Contact: Desiree Torres Desiree.Torres@penton.com