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Orbitz hopes to raise $82 million in IPO
Summary from multiple countries, from articles in English
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But a flotation will help it raise extra funds to take on (article 7)
larger rivals such as Expedia and Travelocity. (article 1)
The Chicago (article 2)
based in Chicago (article 4)
company which yet haven't set a date for the ipo will offer 4 million shares priced in a range of $ 22 to $ 24 a share (article 2)
according to a filing with the securities and Exchange Commission. (article 1)
In same period Orbitz posted (article 5)
a net loss of $ 1.4 million on revenue of $ 172.1 million (article 1)
respectively. (article 5)
Orbitz will sell (article 6)
up to 4 million shares (article 4)
and stockholders will sell 7 million (article 6)
the company (article 3)
disclosed in a filing with the securities and Exchange Commission. (article 6)
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Summary from United States, from articles in English
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Orbitz, which allows customers to make reservations for airlines, hotels, cruises and rental cars through its website, said 11 million class A common shares will be sold to the public for $22 to $24 apiece. (article 6)
Orbitz Inc., the online travel company, intends to raise $82.2 million through an initial public offering of stock in an effort to beef up its finances and take on larger rivals such as Expedia and Travelocity. (article 1)
Orbitz, based in Chicago, plans to sell as many as 12.65 million shares at between $22 and $24 a piece, according to a Securities and Exchange Commission filing. (article 4)
The Chicago-based company, which has not yet set a date for the IPO, will offer 4 million shares priced in a range of $22 to $24 a share, according to a filing Wednesday with the Securities and Exchange Commission. (article 2)
Since its founding in February 2000 until the end of September, Orbitz said its losses, excluding one-time charges, have totaled $169.3 million. (article 2)
Orbitz will sell 4 million shares and stockholders will sell 7 million, the Chicago-based company disclosed for the first time in a filing with the Securities and Exchange Commission. (article 5)
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Source articles
- Orbitz Inc., the online travel company, intends to... (sunspot.net, 11/27/2003, 308 words)
- Orbitz hopes to raise $82 million in IPO (USA Today, 11/26/2003, 322 words)
- Orbitz expects an IPO to bring up to $303.6 mil. (suntimes.com, 11/26/2003, 386 words)
- ORBITZ MAY RAISE OVER $300M IN IPO (NY Post, 11/27/2003, 187 words)
- Orbitz's initial public offering could raise more than $300M (USA Today, 11/26/2003, 492 words)
- Orbitz IPO could raise over $300m (boston.com, 11/27/2003, 292 words)
- Net travel firm plans share float (BBC News, 11/26/2003, 259 words)
- Orbitz, the online travel service, on Wednesday se... (news.ft.com, 11/26/2003, 374 words)
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Source articles
- Orbitz Inc., the online travel company, intends to... (sunspot.net, 11/27/2003, 308 words)
- Orbitz hopes to raise $82 million in IPO (USA Today, 11/26/2003, 322 words)
- Orbitz expects an IPO to bring up to $303.6 mil. (suntimes.com, 11/26/2003, 386 words)
- ORBITZ MAY RAISE OVER $300M IN IPO (NY Post, 11/27/2003, 187 words)
- Orbitz's initial public offering could raise more than $300M (USA Today, 11/26/2003, 492 words)
- Orbitz IPO could raise over $300m (boston.com, 11/27/2003, 292 words)
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Story keywords
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Orbitz, Airlines, million, shares, filing |
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blaster@cs.columbia.edu
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