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Appliance/electronics retailer HHGregg announces terms

June 29, 2007
HGG

HHGregg, which sells video products, appliances, audio products and accessories via 79 retail stores in 8 states, announced the terms of its IPO Friday. The company plans to offer 9.4 million shares, 6.2 million of which will be from selling shareholders, at a price between $15.00 and $17.00. Credit Suisse and Lehman Brothers are the bookrunners on the deal.