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Brand Name Boosts Hyatt IPO

Nov 9, 2009 9:24 AM

From the Chicago Sun-Times:
Hyatt Hotel's brand name boosts IPO
So far, so good for the Pritzker family's $950 million cash extraction from Hyatt Hotels (H). The Chicago-based company completed its initial public offering Thursday with a 38 million-share sale that opened at $25 each. By the end of the first day, the shares were at $28 and the underwriters bought an additional 5.7 million shares. Friday, they closed again at $28. Click here for the full story.

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