Cold storage warehouse operator Lineage Inc. said it plans to share $100 million from the proceeds of its successful initial public offering with employees.
The Novi, Michigan-based real estate investment trust said Thursday that many of its 16,000 U.S. workers will receive one-time stock awards or restricted stock units (RSUs) following its July 25 debut on Nasdaq.
Shares of Lineage (NASDAQ: LINE) opened last week at $82 per share, the top end of the initial price range ($70 to $82) after...
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