Sign up for our newsletter
Technology / AI and automation

E*TRADE HANDLES FIRST ONLINE IPO

Online trading house E*Trade Group Inc says it has completed its first online initial public offering selling all of its allocation of shares of Sportsline USA Inc, an internet-based sports information service, which now trades on Nasdaq under the ticker symbol SPLN. The offering was executed as part of E*Trade’s exclusive agreement with BancAmerica Robertson Stephens. As previously announced, Intel Corp and Mitsubishi Ltd picked up 752,688 shares of the offering.

White papers from our partners


This article is from the CBROnline archive: some formatting and images may not be present.

CBR Staff Writer

CBR Online legacy content.