Luggage Maker Tumi Files for $300M IPO

Tumi Holdings Inc., a maker of luggage and accessories, has filed to raise up to $300 million in an initial public offering, Reuters reported. The New Jersey-based company was founded in 1975 and backed by European private equity group Doughty Hanson group. Goldman, Sachs and Credit Suisse will underwrite the offering, Reuters wrote.

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