Posted Mar. 16, 2010 at 7:21 a.m.
Lulu
Self-publishing firm Lulu moves ahead with plans for IPO
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Local Tech Wire
RALEIGH, N.C. – Self-publishing company Lulu, which is owned by Red Hat co-founder Bob Young, is moving ahead with plans for an initial public offering of stock in Canada.
In a statement issued in Canada on Friday, Lulu said the offering would be handled by Genuity Capital Markets and CIBC.
Lulu provides a variety of publishing services for authors, musicians and artisits.
News about Lulu’s IPO plans for a $48 million offering emerged in January.
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