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Grocery Outlet’s IPO: Extreme Value Retailer Raises $378 Million

Grocery Outlet’s IPO: Extreme Value Retailer Raises $378 Million

Extreme value retailer Grocery Outlet Holding (GO) announced on June 19 that it had priced its IPO at $22 per share, well above its target price range of $18–$19. Initially, the company had planned to sell its shares in the range of $15–$17.