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:SJ Mercury/Reuters: Caldera's IPO set at $7-9
SJ Mercury/Reuters: Caldera's IPO set at $7-9
Feb 25, 2000, 16 :45 UTC (0 Talkback[s]) (2131 reads)

"An initial public offering by Caldera Systems Inc., which develops software based on the Linux operating system, was set at 5 million common shares that may sell for $7-9 apiece, the company said on Friday."

"If the 5 million shares go for $8 each, Caldera figured it will make about $35.2 million in net proceeds, which it plans to use for general corporate purposes, including sales and marketing and product development and support."

"The proceeds may also go toward hiring more people and for potential acquisitions or investments, the Orem, Utah-based company added."

Complete Story

Related Stories:
NewsTraders.com: Caldera Systems Details IPO, To Offer 5M Shares In $7-$9 Range (Feb 25, 2000)
CNBC: Will Caldera's IPO Be Another Red Hat? (Jan 25, 2000)
ZDNET UK: Caldera jumps on Linux IPO bandwagon (Jan 11, 2000)
The Register: Fresh from triumph over MS, Caldera files for IPO (Jan 11, 2000)
CNET News.com: Caldera files to raise $57.5 million in IPO (Jan 11, 2000)
PC Week: Caldera secures funding in advance of IPO (Jan 10, 2000)
Linux Journal: Caldera Prepping for IPO Plunge? (Oct 08, 1999)
CNET News.com: Caldera seeks IPO help (Oct 05, 1999)



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