WESTBOROUGH – Westborough-based Cumberland Farms has announced plans to become a publicly traded company.
The convenience store chain has filed registration paperwork to sell shares through an initial public offering, or IPO.
Founded in Westborough in 1939, Cumberland Farms has grown into one of the world’s largest independent convenience store companies, operating more than 3,200 locations across the United States and Europe.
The company has not yet announced when shares will begin trading, how many shares will be offered, or the expected price range. Officials say the stock will trade under the ticker symbol “CMBY.”
