ComScore raises $82.5 mln in IPO
NEW YORK, June 26 |
NEW YORK, June 26 (Reuters) - ComScore Inc., which measures Internet usage and patterns, raised $82.5 million in an initial public offering priced above a forecast range, an underwriter said on Tuesday.
The offering of 5 million shares was sold for $16.5O per share, above the range of $14 to $16, according to an underwriter.
Underwriters, led by Credit Suisse and Deutsche Bank Securities, have the option to purchase an additional 750,000 shares to cover overallotments, according to a filing with the U.S. Securities and Exchange Commission.
Reston, Virginia-based ComScore measures Internet usage by collecting data from more than 2 million users worldwide.
The company plans to list its shares on Nasdaq under the symbol "SCOR." (SCOR.O)
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