CNET News.com: Caldera seeks IPO help | Linux Today

CNET News.com: Caldera seeks IPO help

Written By
SS
Stephen Shankland
Oct 5, 1999

[ Thanks to James
Derry
for this link. ]

Linux seller Caldera Systems is out shopping for investment
firms to help it with an initial public offering, and sources say
the leading contenders are Goldman Sachs and Morgan Stanley Dean
Witter.

“Sources familiar with the company’s plan said several
investment banks have approached the company, including Goldman
Sachs, Morgan Stanley Dean Witter, SG Cowen, and Hambrecht and
Quist. Merrill Lynch also approached the firm in 1998, sources
said…”

“Spokespeople for Goldman Sachs, Merrill Lynch, and Morgan
Stanley Dean Witter declined to comment for the story. Caldera
Systems spokeswoman Nancy Pomeroy said that going public “remains
an option, as it always has been. We don’t even have a timeline. We
are getting our financial house in order so it can be an option at
the appropriate time.”

Complete
Story

SS

Stephen Shankland

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