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    Monday, November 26, 2007

    Classmates Sets IPO Terms


    Woodland Hills-based Classmates said Friday in a filing with the SEC that it will offer 12 million shares of its stock at between $10 and $12 per share. The firm, which is looking to trade on the Nasdaq Global Market as CLAS, is a unit of Woodland Hills-based United Online. The IPO is being underwritten by Goldman, Sachs & Co., JPMorgan, and Deutsche Bank Securities. Classmates operates on online social networking service focused on connecting classmates and old acquaintances.
    posted on Monday, November 26, 2007

    Related stories:
    > United Online Buys Classmates For $100M
    > United Online Breaks Out Classmates Results, Continues To Eye IPO
    > Classmates Media Files For IPO
    > United Online Cancels Classmates IPO
    > United Online Cutting at Classmates?

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