Reuters logo
LNR Capital withdraws IPO plans with US SEC
August 16, 2007 / 9:30 PM / 10 years ago

LNR Capital withdraws IPO plans with US SEC

WASHINGTON, Aug 16 (Reuters) - LNR Capital Corp. filed with regulators on Thursday to withdraw its plan for a $750 million initial public offering.

The real estate investment trust said in a filing with the U.S. Securities and Exchange Commission that withdrawing the IPO “is in the best interests of the company and its shareholders.”

Deutsche Bank Securities, Goldman Sachs & Co., Citigroup and Merrill Lynch & Co. were underwriting the IPO, and the company had planned to list its stock on the New York Stock Exchange under the symbol “LNR” LNR.N.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below