Ross-backed Talmer Bancorp higher after IPO

|About: Talmer Bancorp, Inc. (TLMR)|By:, SA News Editor

Talmer Bancorp (TLMR) is at $13.60 in early trades after pricing its 15.55M share IPO at $13 each.

Prior to the IPO, Wilbur Ross had a 24% piece of the company, with David Einhorn's Greenlight Capital and Manulife Asset Management also notable shareholders with more than 5% stakes.

Of the 15.55M shares sold, 3.7M were from the company, 11.9M from selling shareholders.

SEC form S-1