 Posted: Sat 3:12, 02 Apr 2011 Post subject: China Based iSoftStone Surges 28% |
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| iSoftStone Holdings Limited,outsourcing and globalization, the China-based technology outsourcer priced its initial public offering of 10.83 million American Depositary Shares at a price of $13 each or at the top of its $11 to $13 range.
The stock began trading on the New York Stock Exchange under the ticker symbol ""ISS"". The company plans to use the net proceedings from the offering to repay outstanding borrowings and use the remainder for other general corporate purposes. |
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