The SandRidge Mississippian Trust II IPO has been priced! The company has revealed it is selling 26 mn shares for $21 each, coming in at the high end of its pre-IPO range. The shares represent a 52 percent beneficial interest in SDR, according to a company statement. SandRidge Mississippian Trust II is set to trade on NYSE under the symbol SDR. According to the statement, the offering is likely to close ‘on or about April 23, 2012.’

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Source: Sacramento Bee