Driving Down Debt: Driven Brands pays off US$722 million following stock offering
Charlotte, North Carolina — Driven Brands, the parent company of CARSTAR, Maaco and Fix Auto USA last week reported it had sold 31,818,182 shares at the offering price of US$22, netting an estimated US$661.5 million. On Jan. 21, Driven Brands said it used the proceeds from selling the 31.8 million shares to the public and […]
Tuesday Ticker: January 19, 2021
Toronto, Ontario — In this week’s Tuesday Ticker, Driven Brands makes its NASDAQ debut, Uber looks toward a profitable 2021 and Toyota boasts big EV numbers for December 2020. Driven deals Driven Brands began trading on NASDAQ last week, where shares increased by 21.32 percent as it went from an opening price of $22 to […]
