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Ross-backed Talmer Bancorp higher after IPO

Feb. 12, 2014 10:22 AM ETTalmer Bancorp, Inc. (TLMR) StockTLMRBy: Stephen Alpher, SA News Editor
  • Talmer Bancorp (NASDAQ: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

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