2011-06-16: RATE, Bankrate, Inc.

Remark
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IPO Date & Price
Symbol: RATE, Bankrate, Inc.
IPO date: 2011-06-16
Offer price/share: $15 x 20M = $300M

Underwriters
Joint Book Runner: Goldman, Sachs & Co., BofA Merrill Lynch, Citi, J.P. Morgan, ,
Co Manager: Allen & Company, Credit Suisse, Stephens Inc., RBC Capital Markets, Stifel Nicolaus Weisel,

Business
Sector: Technology
Industry: Internet Information Providers
Full Time Employees: 378
Founded: 1976

Leading publisher, aggregator and distributor of online personal finance content

Bankrate, Inc. offers online financial data feed management services. The company’s suite provides information on financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans, and online banking fees. Additionally, it offers tools and information via a suite of products and services that helps consumers in financial decisions; offers insurance rates for auto, home, life, health, and long term care; provides information and rates for title, inspection escrow, hazard, and appraisal fees; offers consumer and business credit cards via Internet; provides access to mortgage and financing calculators to help consumers with their home buying and home financing needs; publishes financial rates and information connecting consumers with lenders online; and provides rate information on savings products, such as certificates of deposits, savings accounts, and money market accounts. Bankrate, Inc., was formerly known as ilife.com Inc., and changed its name to Bankrate, Inc. in September, 2000. The company was founded in 1976 and is headquartered in North Palm Beach, Florida with additional offices in New York, Illinois, and California.

Yahoo: http://finance.yahoo.com/q/pr?s=RATE