Sierra Tucson Goes Public
OPEN MINDS The Behavioral Health Industry Analyst Industry News The Sierra Tucson Company, of Tucson, Arizona, which operates a 125-bed behavioral health facility, has filed with the SEC for an initial public offering of 2.5 million shares of common stock. 1.5 million shares will be offered by the company and 1 million shares by shareholders. The company anticipates a per share offering price of between $10 and $13, according to a report that appeared in the September 20 issue of Alcoholism And Drug Abuse Week. Oppenheimer Company of New York will act as the managing underwriter. Sierra . . .