KKR-Backed GMR Solutions Opens Below Offer Price, Loses 10% in NYSE Debut
GMR Solutions, the Lewisville, Texas-based emergency medical services company also known as Global Medical Response and backed by KKR, saw its shares drop 10% on their first day of trading on the New York Stock Exchange, valuing the company at $3 billion. The stock opened at $13.50 versus a $15 IPO offer price after the company sold roughly 31.9 mi…