Pure Storage IPO to price in $16-$18/shr range

September 24, 2015 10:40 AM

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Sept 24 Data storage company Pure Storage Inc said its initial public offering was expected to be priced in the range of $16-$18 per class A share, valuing the company at $3.33 billion at the top end of the range.

The company is selling 25 mln shares in the IPO and expects to raise up to $450 million.

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