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CNET News: Linux Specialist Lowers IPO Price Range

Aug 09, 2004, 13:00 (1 Talkback[s])
(Other stories by Stephen Shankland)

"Lindows, the Linux desktop software company changing its name to Linspire, lowered on Friday the expected value of its initial public offering.

"The company in July had set a price range of $9 to $11 for the 4.4 million shares it planned to sell on the public market, but on Friday, Linspire lowered that range to $7 to $9 per share, according to a filing with the Securities and Exchange Commission.

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