Latham & Watkins Reps CPG On $150M IPO

Law360, New York (April 22, 2011, 6:16 PM EDT) -- Synthetic building products manufacturer CPG International Inc. said Friday that it would raise up to $150 million with an initial public offering of common stock.

But CPG said the exact number of shares it would offer and the price range of the offering haven't yet been determined, according to documents filed with the U.S. Securities and Exchange Commission.

CPG said it would use the IPO's proceeds to pay down its debt and for general corporate purposes.

As of the end of 2010, CPG had about $306...
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