Reuters - Restoration Hardware Prices IPO

Furniture retailer Restoration Hardware priced its initial public offering at $24 a share on Thursday, at the top of its expected range, an underwriter said. The company, backed by private equity firms Catterton Partners and Tower Three Partners LLC, raised $123.9 million by pricing 5.2 million shares as planned. Restoration Hardware had intended to price shares at $22 to $24 per share.

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