MedAssets, an Alpharetta, Ga.-based group-purchasing organization and revenue-cycle management company, will offer 13.3 million shares of common stock during its initial public offering, according to a Securities and Exchange Commission document.
No date has been set for the offering, but company officials expect the stock to sell for $14 to $16 per share. The company can issue up to 15.2 million shareswith the supplementary stock coming from current shareholders and additional reserves of MedAssets common stockif demand for shares exceed expectations, according to the modified prospectus. MedAssets will list on the Nasdaq Global Select Market under the symbol MDAS, according to the SEC filing. -- by Shawn Rhea
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