initial public offering News

Apax-Backed Insurance Software Firm Duck Creek Raises IPO Price Range

Duck Creek Technologies Inc, a software company that serves the property and casualty (P&C) insurance market, on Wednesday raised the price range for its initial public offering (IPO) and expects to raise about $375 million. Boston-based Duck Creek, which is …

Nasdaq Boosts Facebook Compensation Plan to $62M

Nasdaq OMX Group Inc plans to pay out $62 million in cash to firms that lost money in Facebook Inc’s bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. …

Nasdaq, Facebook Diverge Over IPO Lawsuits

Nasdaq OMX Group Inc and investors who sued the exchange operator over Facebook Inc’s $16 billion initial public offering have asked a judicial panel to keep their dispute separate from dozens of related shareholder lawsuits. The No. 1 social network …