friday13
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peHUB First Read

To guide you through this Friday the 13th, First Read has news that Bain Capital Partners is suing EY, the Supreme Court wants companies to be more truthful about food labeling and we may be heading for higher prices at the pump as Iraq falls apart.

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Bain Capital-backed Trinseo prices IPO

Trinseo SA, a plastics maker that is backed by Bain Capital, has priced its IPO of 10 million shares at between $17 and $19 per share. The company plans on listing the stock on the NYSE under the ticker symbol “TSE.” Goldman Sachs, Deutsche Bank Securities, Citigroup and Morgan Stanley are serving as lead underwriters.

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Bain Capital acquires Retail Zoo from The Riverside Company

Bain Capital and Retail Zoo founders Janine and Jeff Allis have acquired multi-brand franchise company Retail Zoo from The Riverside Company, which has sold its majority stake. Retail Zoo’s brands include Boost Juice Bars, Salsa’s Fresh Mex Grill, Cibo Espresso and Hatch Chicken Soup. Jeff, the company’s executive chairman, and Janine, executive director, will remain heavily invested in the business and, along with Scott Meneilly, chief executive officer, continue to run the business. Financial terms were not disclosed.

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