JACKSON, Miss. – Tritel Inc., a wireless telephony company, went public December 14, offering 13.2 million shares at $18 apiece. The company’s stock priced in the middle of its $17 to $19 filing range. Underwritten by Goldman, Sachs & Co., Merrill Lynch & Co., Bear, Sterns & Co. and Donaldson, Lufkin & Jenrette, the initial […]
CUPERTINO, Calif. – Preview Systems Inc., a distribution software company, went public December 8, offering 3.8 million shares at $21 apiece. The company’s stock priced well above its $16 to $18 filing range. BancBoston Robertson Stephens, Dain Rauscher Wessels, SoundView Technology Group and Fidelity Capital Markets underwrote the initial public offering, which left 15.8 million […]
ANTWERP, Belgium/ NAARDEN, The Netherlands – GIMV of Belgium and Alpinvest Holding of the Netherlands were set to merge early this year, a move that would form a continental European private equity group with a e2.3 billion ($2.36 billion) asset portfolio. GIMV was expected to launch a e745 million ($765.7 million) public tender for all […]
Regulations that govern United States income tax return filings for foreign venture capital partnerships that invest or trade in stocks, securities and commodities and certain related derivatives were adopted in November and went into effect Jan. 1. Under the new regulations, and with exceptions noted below, a U.S. partnership income tax return must be filed […]
There’s little doubt that venture-backed initial public offerings made a dramatic comeback last year: The 269 venture-backed companies that went public in 1999 more than triples the 77 companies that went out in 1998, according to Venture Economics Information Services, a sister company to VCJ. And while most of those deals came from California, New […]
PITTSBURG, Pa. – FreeMarkets Inc., an online auction company, went public December 10, offering 3.6 million shares at $48 apiece. The company’s stock priced well above its $40 to $42 filing range. Goldman, Sachs & Co., Morgan Stanley Dean Witter, Donaldson, Lufkin & Jenrette and Wit Capital Corp. underwrote the initial public offering, which left […]
MILPITAS, Calif. – GRIC Communications Inc., a provider of software and services that enable companies to offer Internet-based products, went public December 15, offering 4.6 million shares at $14 apiece. The company’s stock priced at the high end of its $12 to $14 filing range. CIBC World Markets, U.S. Bancorp Piper Jaffray and Prudential Volpe […]
ROCHESTER, N.Y. – Harris Interactive Inc., an Internet research company, went public December 7, offering 5.8 million shares at $14 apiece. The company’s stock priced at the top of its $12 to $14 filing range. Lehman Brothers Holdings Inc., U.S. Bancorp Piper Jaffray, Volpe Brown Whelan & Co., E*OFFERING Corp. and Fidelity Capital Markets underwrote […]
DENVER – eCollege.com, a creator of online education platforms, went public December 15, offering 5 million shares at $11 apiece. The company’s stock priced just above its $8 to $10 filing range. Underwritten by Banc of America Securities LLC, William Blair & Co. and Prudential Volpe Technology, the initial public offering left 14.7 million shares […]
SAN FRANCISCO – Egreetings Network Inc., a digital greeting card company, went public December 17, offering 6 million shares at $10 apiece. The company’s stock priced at the top of its $8 to $10 filing range. Underwritten by Credit Suisse First Boston, BancBoston Robertson Stephens and U.S. Bancorp Piper Jaffray, the initial public offering left […]