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Short Take: E*Trade completes first online IPO

E*Trade completed its first online initial public offering, in which it sold shares of SportsLine USA. The online brokerage sold all of its allocated shares of SportsLine under its agreement with BancAmerica Robertson Stephens.

E*Trade completed its first online initial public offering, in which it sold shares of SportsLine USA. The online brokerage sold all of its allocated shares of SportsLine under its agreement with BancAmerica Robertson Stephens.