Times staff and wires
Thursday, August 9, 2012
Manchester United goes on sale today.
The Glazer family is putting a chunk of the 134-year-old English soccer club up for trading on the New York Stock Exchange. The family hopes to raise as much as $333 million in the initial public offering.
The Glazers, who also own the Tampa Bay Buccaneers, will use some of the money to pay down debt used to buy the team.
The family will remain in control of Man U, much to the chagrin of many fans.
Here's what you need to know about today's sale:
Can individual investors buy a share in Manchester United?
Yes. The stock will be listed under the symbol MANU. It was priced at $14 per share, below the $16 to $20 price range that had been anticipated. You'll be able to buy Man U in the same ...