IPO News Archive
Citi's life insurance unit Primerica files for IPO
11/5/09
Citi-owned Primerica, a distributor of term life insurance, mutual funds, variable annuities, and other financial products to middle income households, filed on Thursday with the SEC in an initial public offering. The Duluth, GA-based company, which was founded in 1977 as A.L. Williams & Associates, filed to raise $100 million in its offering; however, we suspect the deal size will increase significantly given the size of the business ($2 billion in sales booked over the last 12 months). Citi is also the sole underwriter on the deal, for which pricing terms were not disclosed.
Source: www.RenaissanceCapital.com
Latest User Comments
Let''s All Meet Up At The PRIMERICA Message Board. 4/11/2010 1:51:13 PM
Posted by: bigmack
Discuss the stock in whatever way pleases you. Talk it up. Talk it down. Tell everyone what''s on your mind at the Yahoo Message board. Follow this link here:
http://messages.finance.yahoo.com/...
Haves and HaveNots 4/9/2010 3:21:09 PM
Posted by: screweda
Once again, a company that claims to be all about their employees has been nothing but a big disappointment to many of those employees with respect to this IPO. Earning trips and all is nice, but not...
HERE''S THE MOST LIKELY SCENARIO FOR PRI 4/6/2010 1:52:02 PM
Posted by: bigmack
Now that its finally gone public, its up to earnings to move this. PRIMERICA associates must prove themselves by beating the streets and getting mom and pop to buy a policy. The more policy holders ...
PRI... PFS Agents get to work 4/5/2010 1:01:14 PM
Posted by: Starttra
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$...
PFS Agents 4/5/2010 12:51:34 PM
Posted by: rstuff54
Those of us that are agents with Primerica must understand that the stock only gets better if we get to work and turn in solid business. We have control of our stock and we all override eachother now...