Yelp to Raise $100 Million in IPOVW Staff
The popular user-review website Yelp is ready to join the public markets this spring. It will try to raise up to $100 million in its upcoming IPO.
In a regulatory filing on Thursday, the San Francisco-based company said it plans to offer 7.15 million shares for $12 to $14 each, according to Bloomberg. March 1 will be its pricing day and the stock will trade with the ticker YELP on the New York Stock Exchange beginning on March 2.
The company initially filed in November for its offering. It comes on the heels of 2011 Internet public . . .
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