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Shake Shack Files for IPO

By Clip Syndicate
Get ready for the most mouthwatering IPO of 2015. Shake Shack, the fast-growing burger chain, filed paperwork with the Securities and Exchange Commission on Monday to raise up to $100 million in a public offering. The high-end burger shop was founded more than a decade ago by serial restauranteur Danny Meyer and gained press for its seemingly never-ending lines. There are now more than 60 Shake Shack locations, a little less than half of which are franchised shops outside the U.S.

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