Grocery Outlet Raises Big Bucks In IPO!
Grocery Outlet announced that it will price it’s initial public offering at $22 a share. It will offer 17,187,500 shares, raising $378 million dollars and valuing it at $1.9 billion dollars. Not Bad For A Discount Grocery Store! According to the latest Bizjournals article, Grocery Outlet was founded in 1946 and had $2.3 billion in …