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Toast prices IPO above range, sets initial valuation around $20B
Restaurant payments and software provider Toast priced shares for its initial public offering at $40 each, well above the upwardly revised projected range of $34 to $36. The offering sets an initial valuation for the Boston-based company of around $20 billion.
The past 18 months or so have been full of ups and downs for the company. Toast raised a $400 million Series …
