Bain Looks To Sell $332M Stake In Child-Care Co.

Law360, New York (May 29, 2013, 4:15 PM EDT) -- Bain Capital Partners LLC, the majority owner of Bright Horizons Family Solutions LLC, is shopping about 9 million shares of the child-care provider — estimated to be worth about $332 million, according to a Wednesday regulatory filing.

About 8.5 million Bright Horizons shares will be offered to the public, with another 1.275 shares being held as an option for the underwriters, according to a filing with the U.S. Securities and Exchange Commission. The sale will shave down Bain's ownership stake from 79.7 percent of the company...
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