Thursday, September 22, 2011

WhiteGlove Health Drops IPO Bid

Austin-based WhiteGlove Health, the provider of in-home and mobile medical care services, said Thursday in a filing with the SEC that it has dropped its plans for an IPO. WhiteGlove cited "unfavorable market conditions" for the decision to drop its initial public offering. WhiteGlove had filed for an IPO in May.