NEW YORK (TheStreet) -- Citigroup's decision to go the IPO route with Primerica may signal a shift in its strategy for disentangling itself from non-core and troubled businesses. Rather than settling for whatever offers are available, it seems to have decided the public markets also present a viable option.
Citi announced plans for the IPO of its financial services and insurance subsidiary, Primerica after Thursday's closing bell. In its S-1 filing with the Securities and Exchange Commission, the Duluth, Ga.-based firm said it was seeking to raise as much as $100 million through the sale.
Double Your Income with Network Marketing
Check out the new book by MLM Blog founder, Ty Tribble, published by the largest business book publisher in the world...
Click Here To See The Book On Amazon.com Now
More MLM Blog Articles Written By: Ty Tribble
Ty is an Internet Marketer, Blogger and Social Marketing Entrepreneur
Good luck to them!