Dave & Buster’s Raises $94 Million in Games and Food Chain IPO
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Dave & Buster’s Entertainment Inc., which operates a chain with games and food aimed at adults, raised $94 million in its initial public offering, pricing the shares at the low end of the marketed range.
Dave & Buster’s, seeking to repay debt, sold 5.88 million shares for $16 each, according to a statement yesterday, after offering them for $16 to $18 apiece. The shares will start trading today, listed on the Nasdaq Stock Market under the symbol PLAY.