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Short Take: Internet America postpones IPO

Internet America postponed its initial public offering due to market conditions, according to the company's underwriter, Hoak Securities. The Dallas-based ISP had planned to sell 2.3 million shares at $9-11 apiece, but is now considering the IPO in the spring, said an underwriting source quoted by Reuters.

Internet America postponed its initial public offering due to market conditions, according to the company's underwriter, Hoak Securities. The Dallas-based ISP had planned to sell 2.3 million shares at $9-11 apiece, but is now considering the IPO in the spring, said an underwriting source quoted by Reuters.