Deals
Switch Inc. Aims for Third-Biggest Tech IPO of the Year
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Switch Inc. aims to raise as much as $500 million in its initial public offering, which would make it the third-biggest U.S. technology listing of the year.
The data center company intends to sell 31.25 million shares at $14 to $16 apiece, according to a filing Monday with the U.S. Securities and Exchange Commission. At the high end of the range, the IPO would value the Las Vegas-based company at about $4 billion.