Shopping.com sets terms for planned IPO: "Shopping.com sets terms for planned IPO
Wednesday May 26, 6:34 am ET
WASHINGTON, May 26 (Reuters) - Shopping.com Ltd., an online comparison shopping service, said on Wednesday it planned to sell 5 million common shares in its initial public offering, for between $14 and $16 per share.
In addition, the company said selected shareholders would sell another 2.9 million shares in the offering. Shopping.com will not receive any proceeds from the sale by stockholders.
Shopping.com has applied for a Nasdaq National Market listing under the symbol 'SHOP'. "