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."
