Quoting from the The Street:
The initial public offering of 33 million shares in the virtualization software maker will come down Aug. 14 at a range of $23 to $25 each, according to the company.
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“We feel that this August has the potential to be a hit month” for IPOs, IPO analyst Ben Holmes, of MorningNotes, wrote Monday to clients, noting that “strong deals” such as VMware tend to focus investors on the IPO market. “VMware is, in our opinion, one of the strongest IPOs in registration.” …
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