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RRSat Files For IPO
Israel-based RRSat Global Communications Network Ltd. filed a prospectus Oct. 10 with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).
RRSat is offering 3.6 million shares priced at $11 to $13 per share. The company applied to trade on the NASDAQ Global Market under the symbol RRST and expects to complete its IPO by year-end.
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