Wednesday, October 21, 2015

Ferrari prepares for US IPO

Luxury car maker Ferrari is expected to go public on the New York
Stock Exchange on Wednesday.

Shares have been priced at $52 shares, valuing the company at $9.8 billion.

Our correspondent Nick Harper in New York says the pricing at the top
end of the expected range.

IN: "This is..."
OUT: ...a share."
DUR: 39 seconds

CLIP 1: http://www.fsnradionews.com/feeds/1020ferrari-nh1.mp3

[ALT] Our correspondent Nick Harper in New York says the IPO will mean
changes for the company.

IN: "They've got..."
OUT: ...Wednesday morning."
DUR: 24 seconds

CLIP 2: http://www.fsnradionews.com/feeds/1020ferrari-nh2.mp3