Aramark plans public offering of shares


Food provider Aramark (ARMK) files for a $100M IPO.

The company had revenue of $13.51B during its latest fiscal year, but sees considerable more upside with the food and support services market highly fragmented.

Reading between the lines, it appears some of the IPO cash could go to pursue strategic acquisitions.

Related stocks: SYY, UNFI, NAFC, WILC, FLO

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Comments (2)
  • Maerzie
    , contributor
    Comments (32) | Send Message
     
    My post on Aramark doesn't have to be published, but I would like some response to it, so I understand what's going on with them. It had been one of my best stocks, and I see trucks all over again, so again it must be going bananas, the reason I bought it in the first place. If it intends to be a normal stock that stays on the market through thick and thin, I am very interested in buying it again.
    10 Sep 2013, 12:51 AM Reply Like
  • Maerzie
    , contributor
    Comments (32) | Send Message
     
    What is this about Aramark? And, when did Aramark become a food provider?? I used to own stock in Aramark in the 80's, when it was just beginning to grow, and, in my estimation, they used shareholders just to fill their own needs, and when it really started to make money for the shareholders, they took it OFF the stockmarket and went private. Is this what they're planning to do again? Use the shareholders' money and then dump them again??
    10 Sep 2013, 12:53 AM Reply Like
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