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China Distance Education Holdings files for IPO

July 7, 2008
DL

China Distance Education Holdings, which provides online professional education and test preparation courses in China, filed with the SEC for an IPO on Monday. The company booked $13 million in LTM revenues and has applied to list its ADSs on the NYSE under the ticker DL. Citi and Merrill Lynch are the lead underwriters on the deal. No terms were disclosed in the initial filing.