Dolan Media, the parent company of the Long Island Business News and other business newspapers, filed to go public with the Securities and Exchange Commission, according to a story in the paper.
“In 2006, the company’s revenue increased to $111.6 million from $77.9 million. However, net loss from continuing operations widened to $14 million from $5.7 million in the previous year, according to the filing.
“Goldman, Sachs & Co., Merrill Lynch & Co., Piper Jaffray, and Craig-Hallum Capital Group are the IPO underwriters. Shares are expected to trade on the New York Stock Exchange under the ticker ‘DM.'”
Read more here. Earlier this year, Dolan bought the Mississippi Business Journal, and it also owns the Colorado Springs Business Journal, the Idaho Business Review and the Daily Journal of Commerce in Portland, Ore.
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