Tangoe (TNGO) IPO Opens Higher
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The IPO for Tangoe, Inc. (NASDAQ: TNGO) is open for trading. Shares opened at $11 after pricing 8,770,000 shares at $10 per share, the middle of the expected $9-$11 range.
Deutsche Bank Securities Inc. and Stifel Nicolaus Weisel are acting as joint book-running managers for the offering, with Lazard Capital Markets LLC, Oppenheimer & Co. Inc., Raymond James & Associates, Inc., and Signal Hill Capital Group LLC acting as co-managers.
Tangoe is a leading global provider of communications lifecycle management software and related services.
Deutsche Bank Securities Inc. and Stifel Nicolaus Weisel are acting as joint book-running managers for the offering, with Lazard Capital Markets LLC, Oppenheimer & Co. Inc., Raymond James & Associates, Inc., and Signal Hill Capital Group LLC acting as co-managers.
Tangoe is a leading global provider of communications lifecycle management software and related services.
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