Cbeyond Communications, a venture-backed Internet Protocol-based communications network provider based in Atlanta, is reducing the size of its initial public offering, according to Private Equity Wire.
In its Thursday edition, PEW reported Cbeyond cut its IPO to $13-14 a share from an initial price of $16-18. When the IPO is executed, Cbeyond will trade on Nasdaq under the symbol CBEY.
Cbeyond: www.cbeyond.com
