When: Today, Wednesday, January 26, 2011
Following is the unofficial transcript of breaking news from CNBC's Kate Kelly today, January 26th, on CNBC's "The Strategy Session." All references must be sourced to CNBC.
KATE KELLY: THAT'S RIGHT, GARY. THE IPO NEWS NEVER STOPS. I WANT TO MENTION THAT HCA WHICH STANDS TO BE THE LARGEST SPONSOR-LED IPO IN HISTORY, PLANS TO GO FORWARD WITH ITS IPO AS SOON AS POSSIBLE. AND IN THIS CASE, THAT MEANS A ROAD SHOW IN LATE FEBRUARY, I'M TOLD, WHICH IF THAT HAPPENED COULD LEAD TO A DEAL PRICING IN THE SECOND WEEK OF MARCH, THE WEEK OF THE 7th, I BELIEVE IT WOULD BE. THE PRICE OF THE DEAL IS EXPECTED TO BE ABOUT $4.6 BILLION. THAT COULD MOVE A LITTLE BIT, DEPENDING ON VARIOUS THINGS, INCLUDING RECENT DIVIDEND RECAP THEY DID AS WELL AS MARKET CONDITIONS, AS ALWAYS.BUT I HEAR THAT THEY'RE FULL STEAM AHEAD.
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