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ERP vendor NetSuite prices shares above revised range at $26

December 20, 2007
N

Highly anticipated IPO NetSuite, a provider of on-demand business management application suites for small and medium sized businesses, priced its shares at $26, well above the twice upwardly revised range (last was $19 to $22). Credit Suisse and W.R. Hambrecht were the lead underwriters on the deal. The stock is expected to begin trading on the NYSE on Thursday under the symbol "N."