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Realty Information Group, Inc., a leading provider of commercial real estate information on the Internet, announced today the pricing of its initial public offering of stock. The 2,500,000 shares of Common Stock have been priced with the initial public offering price of $9.00 per share. All of the 2,500,000 shares are being sold by RIG The stock has been approved for listing on the Nasdaq National Market under the symbol RIGX. Allen & Company Incorporated is lead-managing the underwriting group and Needham & Company Inc. is serving as co-manager. RIG first announced it was filing for an IPO back in March. As the first electronic commercial real estate information provider to go public, RIG's progress will be closely watched by the rest of industry. RIG provides comprehensive, building-specific information to the U.S. commercial real estate industry and related industries. | ||||||||||||||
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