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Friday, January 21, 2005

Korean online-gaming firm files for U.S. IPO, Cnet News,com, 20 Jan 2005

“Gravity, a Korean online-gaming company that wants to expand internationally, filed for a public offering in the United States on Thursday. The company, which hopes to raise $88 million in the initial public offering, is following in the footsteps of China's Shanda Interactive, which went public in the United States last year. Since its IPO last May, Shanda's stock has risen from $11 to more than $30.�

Full story at http://news.com.com/Korean+online-gaming+firm+files+for+U.S.+IPO/2100-1043_3-5544093.html?part=rss&tag=5544093&subj=news.1043.20

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