Monday, July 2, 2007

UPDATE 1-Larry Ellison's NetSuite files for $75 mln IPO

(Reuters) - BOSTON, July 2 - NetSuite Inc., billionaire Larry
Ellison's software company that sells computer programs accessed
over the Web, filed on Monday to raise up to $75 million in an
initial public offering.




Ellison, the founder and chief executive of Oracle Corp.
, controls 74 percent of NetSuite common stock, according
to the company's S-1 filing with the U.S. Securities and Exchange
Commission.


Read more at Reuters.com Bonds News

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