Taleo (TLEO) Announces 6.5M Common Share Offering
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Taleo Corporation (NASDAQ: TLEO) announced today that it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 6,500,000 shares of its Class A common stock.
Credit Suisse Securities (USA) LLC and J.P. Morgan Securities Inc. will serve as joint book-running managers and Oppenheimer & Co. Inc. will serve as a co-manager for the offering. The underwriters will have an option to purchase up to 975,000 shares of Class A common stock from the company to cover over-allotments, if any.
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