Ferrari Files for IPO, Wants RACE Stock Ticker

[RSS Reader]

Ferrari has just filed its initial public offering with the New York Stock Exchange, a move that may raise a quick billion for cash-strapped Fiat-Chrysler by early next year. If regulatory agencies approve, Ferrari will be listed as “RACE”—everyone’s favorite manettino setting—and issue 17.2 million public shares, or nine percent, for between $48 and $52 […]

More... (http://feedproxy.google.com/~r/caranddriver/blog/~3/xswuTHcM8LM/)