“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.”
Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.
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