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Hyatt Hotels prices IPO at $25.00, within the range

November 4, 2009
H

Hyatt Hotels, a global upscale hotel operator and developer, priced its $950 million IPO on Wednesday at $25, within the expected $23-$26 range. The IPO consisted of 38 million shares sold by members of the Pritzker family, who continue to own a majority of Hyatt's stock. Hyatt Hotels plans to list on the NYSE on Thursday under the symbol "H"; Goldman Sachs was the lead underwriter on the deal.