Zillow Ups IPO Range to $16-$18

Real estate website Zillow Inc. has upped the range for its initial public offering to between $16 and $18 per share. The Seattle-based company previously priced the IPO at $12-$14 per share. The company expects to raise about $56.8 million from the offering, when calculated at the mid point of its price range and after deducting underwriting discounts and commissions, Reuters wrote Friday.

15 July 2011•1 min read
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