Advertising - Monday, April 30, 2007
TechTarget's $100M IPO
Enterprise IT media company TechTarget set its proposed IPO terms to 7.7M common shares at $12 - $14 per share. It plans to trade on the Nasdaq under ticker symbol TTGG, with Morgan Stanley and Lehman Brothers as its co-lead underwriters.
Major shareholders are:
VC Firm Pre-IPO stake
Technology Crossover Ventures 32.34%
Polaris Venture Partners 28.41%
View - site
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