Ikaria trims proposed IPO

Ikaria Inc. (Clinton, N.J.) amended its IPO and hopes to sell 8 million shares at $12-$13. A price of $12.50 would raise $100 million and value the company at $530.1 million. The company filed in May to raise up to $200 million and amended the proposed offering in October to sell 10 million shares at $15-$17. A $16 price would have raised $160 million and valued the company at $710.6 million. The offering is being underwritten by Goldman Sachs; Morgan Stanley; Credit Suisse; Lazard; Cowen; Wedbush; Soleil Securities; and SunTrust. ...