Residential Brokerage Leader Re/Max Files For $100M IPO

Law360, New York (August 19, 2013, 2:03 PM EDT) -- Real estate brokerage service Re/Max began the process of launching an initial public offering Monday, seeking to raise up to $100 million in its trading debut as the U.S. housing market continues to recover.

Re/Max, which has the biggest market share in the U.S. and Canada for residential brokerage work, filed a Form S-1 with the U.S. Securities and Exchange Commission Monday and said it plans to list on the New York Stock Exchange, though it did not disclose the exact timing, number of shares to...
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