Alliance raises $121.9 million in IPO

AuntMinnie.com staff writers
Jul 30, 2001

Imaging services firm Alliance Imaging of Anaheim, CA, raised $121.9 million in an initial public offering on Friday. The company issued 9.375 million shares of stock at $13 a share. Alliance shares closed at $13.01 yesterday.

Investment firm Kohlberg Kravis Roberts retains a 65% stake in the company after the IPO, according to Reuters. The offering represents 20% of total Alliance common stock shares.

By AuntMinnie.com staff writers
July 31, 2001

Copyright © 2001 AuntMinnie.com

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