Restoration Hardware files plans for IPO
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CORTE MADERA, Calif. — Restoration Hardware Holdings filed plans to return to the public stock market. In a filing with the Securities and Exchange Commission, the company said it intends to offer up to $150 million in common shares to repay debt and for general corporate purposes. Restoration Hardware had been a publicly traded company for about 10 years beginning in 1998. In June 2008, it was acquired by private-equity firm Catterton Partners in a $179 million buyout. Currently, Restoration Hardware operates 87 full-priced stores and 10 outlets throughout the United States and Canada. The number of shares of
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