• Most Popular
  • Most Shared

Virgin Mobile USA files for $506 million IPO

Fri Jul 20, 2007 7:28am EDT

(Reuters) - Virgin Mobile USA Inc. filed with U.S. regulators on Friday to raise up to $506 million in an initial public offering of Class A common stock, up from its earlier filing to raise up to $100 million.

Regulatory News  |  Bonds  |  IPOs

The Warren, New Jersey-based company told the U.S. Securities and Exchange Commission in a preliminary prospectus that Lehman Brothers, Merrill Lynch & CO. and Bear Stearns & Co. Inc. were underwriting the IPO.

The provider of wireless communications services said it applied for a New York Stock Exchange listing under the symbol "VM."

The filing did not reveal how many shares the company planned to sell or the expected price.
Regulatory News
Bonds
IPOs


More from Reuters

Photo

U.S. retailers open past midnight in holiday push

NEW YORK (Reuters) - In the nights before Christmas, some U.S. retailers are opening their doors round the clock to wring out every last possible holiday sale. | Video

» More Top News
A glass of water taken from a residential well after the start of natural gas drilling in Dimock, Pennsylvania, March 7, 2009. Dimock is one of hundreds of sites in Pennsylvania where energy companies are now racing to tap the massive Marcellus Shale natural gas formation. REUTERS/Tim Shaffer

Not in my watershed: NYC

The biggest U.S. city wants the state to ban one of the most promising sources of U.S. energy -- and also one of the most contentious.  Full Article 

Green Business
Cannabis sativa plant is seen in Buenos Aires, August 21, 2009. REUTERS/Enrique Marcarian
Bernd Debusmann:

Obama, drugs, common sense

American attitudes towards drug prohibition – and above all, punitive laws on marijuana – are changing too fast for policymakers and legislators to ignore.  Commentary 

U.S.