June 02, 2004

More IPOs in Franchising's Future.

GNC Corp., the parent of General Nutrition Centers, has filed a preliminary copy of a prospectus with the SEC, evidencing its intention to offer public stock on the New York Stock Exchange. According to the papers, the company expects to raise approximately $278 million in net proceeds from the offering. A copy of the SEC filing is available here.

Posted by franchiselawblog at June 2, 2004 09:48 AM