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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)

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"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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