Call Center Operator West Corp. Launches $500M IPO

Law360, New York (October 2, 2009, 5:49 PM EDT) -- Following the successes of initial public offerings for other private equity-controlled firms, call center operator and debt collection company West Corp., owned in part by Quadrangle Group LLC, has announced plans for its own IPO with a goal of raising about $500 million from stock sales.

West Corp. filed documents with the U.S. Securities and Exchange Commission on Friday announcing its plans for the offering, which it said it planned to use in part to pay down existing debt obligations.

Founded in 1986, West Corp. was...
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