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Short Take: InfoSpace preps for initial public offering

Net directory InfoSpace plans to raise up to $55 million in an initial public offering, according to Bloomberg. The company said it plans to float out 5 million shares and has set a target pricing range of between $9 and $11 a share.

Net directory InfoSpace plans to raise up to $55 million in an initial public offering, according to Bloomberg. The company said it plans to float out 5 million shares and has set a target pricing range of between $9 and $11 a share.