Broker Center sponsored links

Patriot Risk Management files for $115 mln IPO

Tue May 13, 2008 6:25am EDT
 
Email | Print | | Reprints | Single Page
[-] Text [+]

May 13 (Reuters) - Patriot Risk Management Inc, a workers' compensation risk management firm, filed with U.S. regulators on Tuesday to raise up to $115 million in an initial public offering of common stock.

The Fort Lauderdale, Florida-based company told the U.S Securities and Exchange Commission in a preliminary prospectus that Friedman Billings Ramsey was underwriting the IPO.

The filing did not reveal how many shares the company planned to sell or their expected price. The company intends to list its common stock on Nasdaq under the symbol "PRMI." (Reporting by Esha Dey in Bangalore; Editing by Amitha Rajan)

 

Featured Broker sponsored link

Editor's Choice

  • Pictures
  • Video
  • Articles
Photo

A selection of our best photos from the past 24 hours.  View Slideshow 

Most Popular on Reuters

  • Articles
  • Video
  • Recommended