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Language learning software provider Rosetta Stone files for IPO

September 23, 2008
RST

Rosetta Stone, a leading provider of technology-based language learning solutions, filed with the SEC for an IPO on Tuesday. The Arlington, VA-based company booked $161 million in LTM revenues and will apply to list its stock on the NYSE under the ticker RST. Morgan Stanley and William Blair are set to be the lead underwriters on the deal. No terms were disclosed in the initial filing.