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Friday, November 17, 2006
Salary.com going public
WASHINGTON, Nov 13 (Reuters) - Salary.com Inc., which provides on-demand compensation management products, said on Monday it is planning an initial public offering of as much as $50 million worth of common stock.
Thomas Weisel Partners LLC, William Blair & Company, Needham & Company LLC, Wachovia Securities and Pacific Crest Securities will underwrite the proposed IPO, according to an amended offering document filed with the U.S. Securities and Exchange Commission.
The Waltham, Massachusetts-based company said it is seeking a Nasdaq listing under the symbol "SLRY."
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