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Berry anticipates $468 million from IPO

By: Michael Lauzon

EVANSVILLE, IND. (Updated Sept. 20, 3:15 p.m. ET) — Packaging giant Berry Plastics Group Inc. expects to raise about $468 million in its initial public offering, the company said in a Sept. 19 filing with the Securities and Exchange Commission. The amount represents the midpoint of the estimated range of $16-$18 for the initial share price. Berry will sell 29.4 million shares, although underwriters have an option to buy extra shares.

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