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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (26264)11/14/2005 7:27:49 PM
From: stockman_scott  Read Replies (1) of 57684
 
Liquidity Services Inc., a Washington, D.C.-based operator of an online auction marketplace for wholesale, surplus and salvage assets, has filed to raise $86.25 million via an IPO of common stock. It plans to trade on the Nasdaq under ticker symbol LQDT, with Friedman Billings Ramsey and RBC Capital Markets serving as lead underwriters. The company raised around $20 million in Series C funding from ABS Capital Partners, in exchange for a 14.6% pre-IPO ownership position.

liquidityservicesinc.com
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