Ellison's NetSuite looks to raise $99 million in IPO
Larry Ellison's on-demand applications company, NetSuite, is getting ready to hit the road with its story for investors. The company set its initial pricing range on Wednesday, noting it hopes to raise up to $99.2 million.
NetSuite set an initial range of $13 to $16 a share for the 6.2 million shares it plans to release in its IPO, according to NetSuite's filing with the Securities and Exchange Commission.
The stock is slated to trade on the New York Stock Exchange, under the ticker symbol "N."
NetSuite's IPO is currently planned for December … Read more