Wednesday, August 08, 2012

IPO Trading Alert: Bloomin' Brands (NASDAQ:BLMN) Gains in Market Debut

New York, NY - August 8, 2012 (Investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research including food and beverage stocks reports on the IPO market debut for Bloomin' Brands Inc. (NASDAQ: BLMN). The stock is trading at $12.31, up 1.31(11.95%) 11:13AM EDT on over 6.5 Million shares.
The IPO consisted of 16,000,000 shares at $11.00 per share; 13,000,000 shares from the Company and certain selling stockholders will offer 3,000,000 shares.
Investorideas.com Newswire

About Bloomin' Brands Inc. (NASDAQ: BLMN)
Bloomin' Brands is a portfolio of brands comprised of Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, Fleming's Prime Steakhouse & Wine Bar and Roy's with more than 1,400 restaurants in 48 states and 20 countries and territories internationally
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