Shopping.com IPO
 

Shopping.com Files to Go Public

WASHINGTON - Shopping.com Ltd., which runs Web sites like epinions.com, filed with U.S. regulators on Tuesday for an initial public offering worth an estimated $75 million.

It plans to use IPO proceeds for general corporate purposes including possibly funding acquisitions of businesses, products or technologies, according to the filing.

Goldman Sachs and Credit Suisse First Boston are to underwrite the offering along with Deutsche Bank and Piper Jaffray.

An Israeli company, Shopping.com has U.S. headquarters in Brisbane, California.


Nice! :thumbsup

israeli company? :(

hmmmmmm :)

4 years ago it would have been more like a $750 million IPO, eh? :1orglaugh

Worth the buy? Israeli:(

"It plans to use IPO proceeds for general corporate purposes including possibly funding acquisitions of businesses, products or technologies, according to the filing. "

That's the most ridiculous thing I've ever heard. Haven't they heard of a use of funds document? I know if I was going to invest in them I'd sure like to know what they are planning on doing with the money more than "general corporate purposes"

$75 million seems so little by comparison to the internet bubble days.

WG

can't go wrong with jews and money

You have a problem with that?

No, I don't have a problem with it. I just wont be doing any shopping on shopping.com.

My brother used to work for them..when they were part of cmgi and altavista!