NameMedia (NAME) Files $172.5M IPO
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NameMedia Inc. (Nasdaq: NAME) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $172.5 million. The company plans to list on the NASDAQ under the symbol "NAME".
The offering is being made through Credit Suisse, Jefferies & Co., Banc of America Securities and RBC Capital Markets.
NameMedia operates a leading targeted online media business and a leading online marketplace for domain names. We monetize a high-quality portfolio of more than 2,250,000 domain names, including more than 750,000 domain names that we own and more than 1,500,000 domain names that are owned by third parties.
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