Widerthan IPO Prices At $12/Share

That’s below the earlier forecasted range of $14-$16 a share…WiderThan, the Korean-U.S. mobile content company, which earlier filed for an IPO, has set a share offering price. The deal encompasses 6 million ADSs and is worth $72 million. Widerthan is offering 4 million shares, with the balance coming from other shareholders.
More details in the release

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