Thursday, July 19, 2007

UPDATE 1-Virtusa sees $14-$16/shr price band for 4.4-mln-shr IPO

(Reuters) - The company expects net proceeds of about $57 million from
the offering, assuming an initial public offering price of $15
per share, it said in an amended filing with the U.S.
Securities and Exchange Commission.




It plans to use about $30 million from the proceeds to set
up a facility at its planned campus in Hyderabad, India.


Read more at Reuters.com Government Filings News

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