Bright Horizons Chief Executive David Lissy said many institutional investors who had owned shares before the buyout appeared eager to own the stock again.
WSJ: Bright Horizons IPO Surges
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"We're emerging with a more rational capital structure, " Mr. Lissy said.
WSJ: Bright Horizons IPO Surges
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Part of the attraction for investors is a long-term demographic shift toward more families with two working parents, as well as a greater number of working mothers with young children, Mr. Lissy said.