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Short Take: TheGlobe.com gears up for initial public offering

TheGlobe.com plans to launch its initial public offering as early as Wednesday. The community site builder said it plans to raise up to $40.3 million in capital, based on the high end of its current pricing range of between 11 and 13 a share.

TheGlobe.com plans to launch its initial public offering as early as Wednesday. The community site builder said it plans to raise up to $40.3 million in capital, based on the high end of its current pricing range of between 11 and 13 a share.