PSAV Cuts Price Range On Initial Public Offering

By Markets MarketWatch Pulse

PSAV, Inc. , a technology services company, cut the estimated price range on its initial public offering Thursday to $12 to $13 a share from $14 to $17 a share. The company said it will sell 14,193,548 shares to raise up to $184 million. It has been authorized to list on the New York Stock Exchange under the symbol "PSAV." Goldman, Sachs & Co and Morgan Stanley are the lead underwriters on the offering.

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