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Patriot National Files for Stock Market Listing

Wednesday, December 17, 2014 | 0

Patriot National, a workers' compensation and managed care services conglomerate, has filed with the U.S. Securities and Exchange Commission for an initial public offering. The company filed a form S-1 with the commission Monday listing its maximum IPO at $100 million. It plans to use the symbol "PN" on the New York Stock Exchange. Patriot National reported revenue growth of 83.2% from $42 million in the first nine months of 2013 to $77 million during the same period this year. It grew its net income from a loss of $734,000 to a profit of $12.8 million during tha...

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