Dice Holdings, which provides specialized career sites in the tech sector, debuted on NYSE today (DHX), and sold 16.7 million shares at $13 for proceeds of $217 million. The underwriters have the option to purchase up to about an additional 2.5 million units. On first day of trading, its shares are up as much as 15.2 percent to $14.98 during morning trading and were up 3.4 percent intraday, reports CrainsNY.
Dice, which came into this form six years ago (after selling EarthWeb to Jupitermedia), filed for bankruptcy in 2003..The company has been privately-owned by PE firms General Atlantic and Quadrangle Group since 2005.
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