CNET News: Linux Seller Trims IPO Price--Again | Linux Today

CNET News: Linux Seller Trims IPO Price–Again

Written By
Web Webster
Web Webster
Aug 13, 2004

“Linux seller Lindows has trimmed its planned stock price for
the second time in two weeks, meaning that the company’s market
debut could generate less than half the payout originally
anticipated.

“In an amended registration statement filed Thursday with the
U.S. Securities and Exchange Commission, Lindows–which will soon
change its name to Linspire as a result of a legal settlement with
Microsoft–said it expects shares to sell for $5 to $7 each…”


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Web Webster

Web Webster

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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