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July 14, 2008 Dave & Buster's to IPO

Joe Weisenthal spots this surprising IPO:

Dave & Buster's Holdings Inc on Friday filed to raise up to $170 million in an initial public offering.

The owner of entertainment and dining venues said in a filing with the U.S. Securities and Exchange Commission that JPMorgan and Jefferies & Co will underwrite the IPO.

The company did not indicate how many shares they plan to sell or the expected price of the shares. It intends to list its stock on the Nasdaq under the symbol "DANB".

I would think this is a poor time to go public.

Posted by edelfenbein at July 14, 2008 12:08 PM

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