Gogo, which provides in-flight internet connectivity, announced terms for its IPO on Monday. The Itasca, IL-based company plans to raise $176 million by offering 11 million shares at a price range of $15 to $17. At the midpoint of the proposed range, Gogo would command a fully diluted market value of $1.4 billion. Gogo, which was founded in 1991 and booked $250 million in sales for the 12 months ended March 31, 2013, plans to list on the NASDAQ under the symbol GOGO. Morgan Stanley, J.P. Morgan, and UBS Investment Bank are the joint bookrunners on the deal.
