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Limelight Networks Announces Launch of Public Offering

LIMELIGHT NETWORKS (LLNW)  More Company Research Source: Business Wire
Last limelight networks earnings: 7/19 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.limelight.com
PDF TEMPE, Ariz.--(BUSINESS WIRE)-- Limelight Networks, Inc. (NASDAQ: LLNW) (the “Company”), a global leader in digital content delivery, announced today the launch of an underwritten public offering of 15,272,493 shares of its common stock by certain selling stockholders affiliated with The Goldman Sachs Group, Inc. (the “Selling Stockholders”). In addition, the Company announced that it has agreed to repurchase 1,000,000 shares of its common stock directly from the underwriter and may, if the Company and underwriter agree, repurchase up to an additional 527,249 shares of its common stock directly from the underwriter, concurrently with the closing of the offering. The underwriter may reduce the number of shares to be repurchased by the Company in its discretion. If the Company effects the share repurchase, the share repurchase will be effected at a price per share equal to the price per share being paid by [Read more]

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