March 13 Salient Surgical Technologies Inc
filed with U.S. regulators to raise up to $86.3 million in an
initial public offering of common stock.
The maker of surgical products told the U.S. Securities and
Exchange Commission in a preliminary prospectus that Bear
Stearns & Co Inc, Piper Jaffray and Wachovia Securities were
underwriting the IPO.
The filing did not reveal how many shares the company
planned to sell or their expected price.
The Dover, New Hampshire-based company plans to list its
common stock on Nasdaq under the symbol "SLNT."
(Reporting by Esha Dey in Bangalore; Editing by Vinu