Law360, New York (September 22, 2009) -- Education Management Corp. is going public to help pay off its debt, saying it will sell 20 million shares of its common stock in an initial public offering on the Nasdaq Global Market that is expected to draw more than $353 million.
The proposed maximum aggregate offering price is $460 million, but the company anticipates a price of $18 to $20 per share to yield net proceeds of about $353.4 million, according...
