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          BIZCHINA> Top Biz News

          


          

          
          		

          

          


          

          


          

          



          

          


 

          


          


 

          


          

          


 

          



          Changyou.com prices $120m IPO at top - source
          


          (Agencies)
          
 Updated: 2009-04-02 15:23
          



 

          

          Chinese online gaming firm Changyou.com Ltd priced its $120 million Nasdaq initial public offering at the top of its indicated range on Thursday, a source familiar with the deal said, after the issue generated robust investor demand.
          


          

          

          


          


          


          


          


          


          


          Related readings:
          
          Changyou.com prices $120m IPO at top - source Sohu gaming arm Changyou.com readies NASDAQ IPO
          
          Changyou.com prices $120m IPO at top - source Changyou.com sees robust response to Nasdaq IPO
          
Changyou.com prices $120m IPO at top - source China's online gaming sector posts 77% surge in revenue
          
          Changyou.com prices $120m IPO at top - source China's online game firms record $70m in overseas sales
          

          
          		

          
          

          
          		

          
          

          
          		

          
          

          

The listing is set to be the first on Nasdaq since November.
          


          Changyou.com, which is being spun off by mainland Internet portal Sohu.com, priced 7.5 million American Depositary Shares at $16 each -- the top of a $14-$16 range -- in a deal handled by Credit Suisse and Merrill Lynch.
          


          

          (For more biz stories, please visit Industries)
          

          

          

 



 



          


          


 

          

          

          


          

          


 

          


          


 

          


          


 

          


          


          


 

          

          

          
          		

          

          








           
          


           
          



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