Bright Horizons Family Solutions Inc. (BFAM: Quote) announced the initial public offering of 10.1 million shares of its common stock at a price of $22.00 per share. The company's shares are expected to begin trading on the New York Stock Exchange on January 25, 2013 under the trading symbol, BFAM.
Bright Horizons Family Solutions is a leading provider of employer-sponsored child care, early education, and work/life solutions. Bright Horizons Family Solutions serves more than 850 clients across the U.S., the UK, Ireland, the Netherlands, Canada, and India with programs including child care and early education, back-up care, elder care, educational advisory services, and work/life consulting. The company operates more than 750 child care and early education centers worldwide.
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by RTT Staff Writer
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