Horsham firm poised for a big day on the Nasdaq
Article Abstract:
VerticalNet Inc.'s initial public offering on February 11, 1999 has created high expectations on the part of investment experts. Horsham-based VerticalNet utilizes the Internet to bring together business product buyers and the firms that sell them. The company carried out an initial stock sale on February 10. VerticalNet sold shares at $16 per share. The company raised $56 million in new capital from the initial sale.
Comment:
VerticalNet's initial public offering on February 11, 1999 creates high expectations
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Click if you hate grocery shopping
Article Abstract:
The popularity of Internet grocers, a type of business that allows all the things to be bought on the Web, is increasing. FreshDirect, the queens company that sold 700 lobsters in the first week it offered them in New York, is the boldest sign of a booming business along with the dot-com boom.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Calif. firm to acquire drugmaker. Cytogen to acquire Mass. Firm
- Abstracts: 50 food firms plan online purchases. Packard Press will be bought
- Abstracts: Report rocks shares of finance firm. Pa.: Deloitte hid truth on Reliance. ExxonMobil wants to boost production
- Abstracts: Hercules to buy BetzDearborn in $3.1 billion deal. Merck will buy genomics company. Hewlett to buy software company
- Abstracts: Phone rivals, others meet to refine PUC plan. PUC says Verizon cand add service