Tuesday, July 10, 2007

UPDATE 1-HireRight sees IPO of 4.4 mln shares at $15-$17/shr

(Reuters) - In a regulatory filing, the company said it plans to use
the net proceeds for working capital and other general
corporate purposes, including expansion of sales and marketing
activities, developing new service offerings and expanding
international operations.




Of the 4.4 million shares, HireRight said it is selling
about 3 million shares, while the selling stockholders are
offering about 1.4 million shares.


Read more at Reuters.com Government Filings News

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