The stock closes at $60 per share and the company files a registration statement. Smart move. You probably just saw your short term top.
biz.yahoo.com
Wednesday October 6, 7:34 am Eastern Time
Company Press Release
SOURCE: About.com
About.com, Inc. Files Registration Statement for Public Offering
NEW YORK, Oct. 6 /PRNewswire/ -- About.com today announced that it has filed with the Securities and Exchange Commission a registration statement relating to a proposed public offering of 3,500,000 shares of its common stock. About.com is offering 3,000,000 shares to be sold in the offering. Certain existing stockholders may sell up to an additional 500,000 shares. The managing underwriters for the offering are Donaldson, Lufkin & Jenrette, Bear, Stearns & Co., Inc., Robertson Stephens, Volpe Brown Whelan & Company, E*Offering Corp. and DLJdirect.
When available, a written prospectus relating to the offering may be obtained from Donaldson, Lufkin & Jenrette, 277 Park Avenue, New York, New York 10172; Bear, Stearns & Co., Inc., 245 Park Avenue, New York, New York 10167; Robertson Stephens, 555 California Street, 26th Floor, San Francisco, California 94104; Volpe Brown Whelan & Company, One Maritime Plaza, 11th Floor, San Francisco, California 94111; E*Offering Corp., 120 Montgomery Street, Suite 1850, San Francisco, California, 94104; DLJdirect, Harborside Financial Center, 501 Plaza Two, Jersey City, New Jersey 07311.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
SOURCE: About.com |
