Skullcandy Prices IPO at $20 Per Share

Skullcandy, a Park City, Utah-based maker of headphones, priced its initial public offering Tuesday above the expected range, selling 9.44 million shares at $20 per share. The pricing values the company at $535.6 million, Reuters reported. Backers of Skullcandy include Mercato Partners. BofA Merrill Lynch and Morgan Stanley are underwriters for the offering.

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