WebMD Doubles IPO Raise to $100 Million
By Rafat Ali - Sat 16 Jul 2005 01:09 PM PST
WebMD, which is spinning off its online health info websites (WebMD (NSDQ: WBMD) Health) into a separate company, has doubled its IPO target to $100 million, from the earlier $50 million, according to new SEC filings. The filing also said that Citigroup, and Morgan Stanley will be the lead underwriters. Goldman Sachs will serve as a co-manager.
Related: WebMD to Spin Off Health Info Websites In $50 Million IPO
Posted in: Information, Biz & Fin, Media, Health Content
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