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What are the details of Aribas initial public offering (IPO)?

April 26, 2017Ariba initial IPO offering public

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What are the details of Aribas initial public offering (IPO)?

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Ariba went public on June 23, 1999. The company offered five million shares at an original price of $23 per share (3.3 million shares at $34.50 on a split-adjusted basis). Our offering was facilitated by Morgan Stanley Dean Witter, Dain Rauscher Wessels, Deutsche Banc Alex.Brown, and Merrill Lynch & Co.