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Yodle announces plans to price initial public offering of common stock
Credit Suisse, Deutsche Bank, Jefferies, Piper Jaffray are bookrunners
By Devika Patel
Knoxville, Tenn., July 8 – Yodle, Inc. will conduct an initial public sale of its common stock with a greenshoe option, according to a Form S-1 filed Tuesday with the Securities and Exchange Commission.
Credit Suisse, Deutsche Bank Securities, Jefferies and Piper Jaffray are the joint bookrunning managers. Canaccord Genuity, Needham & Co. and Oppenheimer & Co. are the co-managers.
Proceeds will be used to repay debt and for general corporate purposes.
The New York company provides cloud-based marketing automation services for local businesses. The company intends to list its common stock under the symbol “YO.”
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