Tesaro raises $81M in IPO

Tesaro Inc. (NASDAQ:TSRO) raised $81 million through the sale of 6 million shares at $13.50 in an IPO, which was the mid-point of the company's previously proposed range of $12-$15. The price values Tesaro at $360.1 million. Citi; Morgan Stanley; Leerink; BMO Capital Markets; and Baird were underwriters. Tesaro is slated to start trading on Thursday. ...