Monday, July 9, 2012

Kayak?s IPO Moves Forward, Prices Shares At $22-$25

kayak-1Kayak's perpetually-delayed IPO finally moved forward today, as the company has officially announced it has priced its shares between $22 and $25, and will begin trading on the NASDAQ under the ticker symbol "KYAK." In the most recent SEC filing, the company said it's going to offer 3.5 million shares, in a deal led by Morgan Stanley - Stanley's first since the Facebook IPO. Other banks participating include?Deutsche Bank, Piper Jaffray, Stifel Nicolaus and Pacific Crest.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/kLphjlr_KM0/

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