ComScore plans $80-million IPO
From Times Wire Services
ComScore Inc., an Internet market-research company, plans to raise as much as $80 million in an initial public offering, according to a regulatory filing.
The company set a price range of $14 to $16 for each of the 5 million shares to be offered. Underwriters led by Credit Suisse have an option to buy an additional 750,000 shares, which would boost the amount raised to as much as $92 million, the Securities and Exchange Commission filing says.
An offering by ComScore, based in Reston, Va., would be the third Internet-related IPO in recent weeks.
ComScore said its sales increased 32% in 2006 to $66.3 million. Net income was $5.67 million last year, compared with a loss of $4.42 million in 2005.
