Outdoor grills maker Weber raises $250 million in downsized IPO By Reuters – Investing.com

Outdoor grills maker Weber raises $250 million in downsized IPO By Reuters – Investing.com

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(Reuters) - Weber Inc on Thursday raised about $250 million in its initial public offering, which was less than half the amount it had planned to raise earlier.

The grill maker priced its IPO of about 17.9 million shares at $14 a piece, it said in a statement.