Vonage's Iffy IPO
On Feb. 8, Vonage made official what the telecom world had long expected. The Web-calling leader finally filed with regulators a plan to raise as much as $250 million by selling shares. Speculation over an IPO erupted last year after online-auction powerhouse eBay (EBAY) scooped up Vonage rival Skype for $2.6 billion.
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