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Reuters: VA Linux raises projected IPO price for 2nd time

Dec 09, 1999, 04:41 (4 Talkback[s])

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"Va Linux Systems Inc., provider of Linux-based systems and software, raised the projected price range of its initial public offering for a second time in as many days."

"The company said on Wednesday it now plans to sell 4.4 million shares in a range of $28-$30 per share, up from the $21-$23 a share price range that was announced on Tuesday, according to a filing with the Securities and Exchange Commission."

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