Lending Club Prices I.P.O. at $15 a Share, Surpassing Expectations by MICHAEL J. DE LA MERCED

By MICHAEL J. DE LA MERCED
The eight-year-old company priced its stock at $15 a share, more than the most recent expected range of $12 to $14. At that level, the offering values the company at $5.4 billion.
Published: December 10, 2014 at 01:00PM
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