Ingram Micro files for New York IPO - Breaking The News
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Ingram Micro files for New York IPO

EPA/DENNY HENRY

Technology services provider Ingram Micro has filed for an initial public offering (IPO) in New York, a filing with the United States Securities and Exchange Commission (SEC) showed on Monday.

The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol INGM. It noted its IPO is being underwritten by Morgan Stanley, Goldman Sachs and JPMorgan Securities.

In the SEC filing, Ingram stated that its IPO price will be determined through "negotiations among us, the selling stockholder and the representatives," stressing it will consider recent market prices of comparable companies, its current results and financial condition, as well as prospects for the industry and the co,pany in the future, among other things.

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