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Gogo Inc Expects IPO of 11 Million Shares to Price at $15-$17 Share-DJ


Monday, 10 Jun 2013 08:46am EDT 

Dow Jones reported that Gogo Inc expects its initial public offer of 11 million common shares to price between $15 and $17 a share. Gogo first filed plans for an estimated IPO of up to $100 million in December 2011 to raise funds for working capital and other general corporate purposes. The Company uses air-to-ground cellular towers to connect over-flying aircraft to the Internet. The Company has applied to list on Nasdaq under GOGO.