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Jersey Mike’s looks to raise more than $1B in IPO

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Sandwich company Jersey Mike’s Subs Inc. and its shareholders are looking to raise roughly $1.1 billion in an initial public offering.

The company intends to offer around 43.5 million shares for $21 to $25 each.

That includes roughly 29.7 million shares from shareholders, including the Abu Dhabi Investment Authority.

Read more from Bloomberg.

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