Prestige Cruises International, a luxury cruise vacation company operating under the Oceania and Regent brands, officially withdrew its plans for an initial public offering on Monday.
The company originally filed in January 2014 for a $250 million IPO, but in September announced that it would be acquired by Norwegian Cruise Line (NASDAQ: NCLH) for $3 billion in cash and assumed debt.
The Miami, FL-based company was founded in 2002 and booked $1.2 billion in sales for the 12 months ended December 31, 2013. Prestige Cruises had not disclosed underwriters, a proposed ticker or an exchange on its most recent filing.
