Bluestem Brands (BSTM) Files $150M IPO

Bluestem Brands, Inc. (Nasdaq: BSTM) filed a registration with the U.S. Securities and Exchange Commission for an Intitial Public Offering of Common Stock. The proposed maximum offering price is $150 million. Bluestem has filed to list on the Nasdaq Global Select Market under the ticker "BSTM."

The offering is being made through Deutsche Bank Securities, Piper Jaffray, Oppenheimer & Co., and William Blair & Co.

Bluestem Brands is a national multi-brand, multi-channel retailer of a broad selection of name brand and private label general merchandise.

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