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Quartz·1 min read·easy

Jersey Mike's raised $1 billion in its NYSE debut, one of the biggest restaurant IPOs ever

Cris Tolomia
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Jersey Mike's successfully launched its IPO on the New York Stock Exchange, raising $1 billion and achieving a market valuation of $7.3 billion. The sandwich chain sold 43.5 million shares at $23 each.

The sandwich chain sold 43.5 million shares at $23 each, valuing the company at $7.3 billion in one of the largest restaurant IPOs on record

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