Tuesday, July 31, 2012

Reuters: Regulatory News: AutoTrader Group adds underwriters to its IPO

Reuters: Regulatory News
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AutoTrader Group adds underwriters to its IPO
Jul 31st 2012, 11:11

July 31 | Tue Jul 31, 2012 7:11am EDT

July 31 (Reuters) - Online automobiles marketplace operator AutoTrader Group Inc said it has added three underwriters to its IPO.

The company said it added Needham & Company, SMBC Nikko and Mizuho Securities to the group of underwriters, which already includes Goldman Sachs, Citigroup and Morgan Stanley among others.

The Atlanta-based company which first filed for an IPO last month, intends to raise up to $300 million in an offering of its Class A common stock.

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