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RHI Entertainment sets IPO at 12.5 mln shares

Fri May 30, 2008 5:20pm EDT

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WASHINGTON, May 30 (Reuters) - RHI Entertainment Inc said on Friday that it is planning an initial public offering of 12.5 million shares for between $16 and $18 per share.

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The underwriters will have the option to buy another 1.875 million shares for over-allotment, according to an amended offering document filed with the Securities and Exchange Commission.

JPMorgan, Banc of America Securities LLC, Cowen and Company, and Thomas Weisel Partners LLC are the underwriters.

It is planning Nasdaq listing under the symbol "RHIE" (RHIE.O). (Reporting by John Poirier; editing by Carol Bishopric)

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