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Angie’s List Raises $53.6 Million in Private Share Offering

Angie’s List Inc., a service that provides recommendations for plumbers, doctors and other local businesses, raised $53.6 million from investors in a private share offering.

Investors include mutual-fund company T. Rowe Price Group Inc., according to a person with knowledge of the funding, who asked not to be named because the backers haven’t been publicly identified. Angie’s List plans to sell stock worth a total of $60 million, leaving as much as $6.4 million to be raised, according to a regulatory filing yesterday.