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The Fresh Market submits filing for $345 million IPO

May 3, 2010
TFM

The Fresh Market, a high-growth perishable food retailer with 95 stores in 19 states in the Southeast, Midwest and Mid-Atlantic US, filed on Monday with the SEC to raise up to $345 million in an initial public offering. The Greensboro, NC-based company, which opened its first store in 1982 and booked $862 million in sales last year, plans to list on the NASDAQ under the symbol TFM. BofA Merrill Lynch, J.P. Morgan and Goldman, Sachs & Co. are the lead underwriters on the deal, for which pricing terms and timing were not disclosed.