Affinion Pulls IPO

Affinion Group Holdings Inc., a Norwalk, Conn.-based provider of integrated marketing and loyalty solutions, has withdrawn registration for an IPO. No explanation was provided. The company had filed to sell 32.5 million common shares at between $15 and $17 per share, with Morgan Stanley and Deutsche Bank Securities co-leading a roster of 10 underwriters.

 

Apollo Management acquired Affinion in October 2005 from Cendant Corp. for approximately $1.83 billion. www.affiniongroup.com