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Cancer treatment network 21st Century Oncology withdraws $100 million IPO

January 5, 2016
ICC

21st Century Oncology Holdings, the largest integrated network of cancer care centers and affiliated physicians, withdrew its plans for an initial public offering on Tuesday.

The company originally set terms to raise $100 million in May 2014 at a proposed market cap of $256 million.

The Fort Myers, FL-based company was founded in 2007 and booked $796 million in sales for the 12 months ended March 31, 2014. It had planned to list on the NYSE under the symbol ICC. Morgan Stanley, J.P. Morgan and Wells Fargo Securities were set to be the joint bookrunners on the deal.