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BREAKING NEWS FROM CNBC’S KAYLA TAUSCHE: TUMI IPO PRICES AT $18 A SHARE, ABOVE EXPECTED RANGE

When: Today, Wednesday, April 18th

Where: CNBC’s “Fast Money

Following is the unofficial transcript of breaking news from CNBC’s Kayla Tausche on CNBC’s “Fast Money.” Also, following is a link to Tausche’s story on CNBC.com: http://www.cnbc.com/id/47092186.

All references must be sourced to CNBC.

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TAUSCHE: YEAH MELISSA, JUST A QUICK UPDATE ON THE PRICING FOR THE IPO OF TUMI. OF COURSE THE LUXURY LUGGAGE COMPANY PRICING AT $18 A SHARE THAT’S ABOVE THE STATED RANGE OF $15-$17. STRONG DEMAND FOR LUGGAGE IN THE CONSUMER SECTOR AS WE ARE SEEING THE COMPANY RAISING 18.78 MILLION SHARES FOR A TOTAL OF $338.04 MILLION THIS IS AN EXIT FOR PRIVATE EQUITY FIRM DOUGHTY HANSON AND WE ARE EXPECTING TO SEE THEM RINGING THE BELL TOMORROW.

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