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Shares of Deerfield’s Textura climb after IPO raises $75M

Textura Corp. shares rose in their trading debut after the software company raised $75 million in its initial public offering of stock.

Textura sold 5 million shares for $15 each, the high end of its expected price range of $13 to $15. The banks managing the deal may buy another 750,000 shares, increasing the proceeds from the IPO.

The Deerfield-based company provides project management software for the construction industry.

The shares, which trade on the New York Stock Exchange under the symbol “TXTR,” rose 40 percent to close at $20.94 Friday.



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