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June 19, 2017 01:40 pm GMT

Blue Apron will raise $587M in its IPO, valuing itself close to $3B

Blue Apron, the meal ingredient delivery service that filed to go public earlier this month, has just priced its IPO. The company will price its shares between $15-$17, hoping to raise a maximum of $586,500,000. Using a $16 midpoint, this pricing gives the company a proposed valuation of just under $3 billion. The company will be listed on the NYSE under the symbol “APRN”, and… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jnjm1oUzzbU/

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