Three new IPO developments

While you were reading the Facebook S-1, two companies went public and another revealed its IPO terms. Here's what you need to know:

1. Caesars Entertainment: the casino company has revealed its IPO terms. The company plans to raise $16 mn through an offer of 1.8 mn shares. The price range is $8 to $10. At the mid-point, it would be worth $1.1 bn. Caesars Entertainment will trade on NASDAQ under the symbol CZR.

Source: Renaissance Capital

2. Matador Resources: this energy company raised $160 mn in its NYSE IPO. It offered $13.3 mn shares at $12 each, falling short of the pre-IPO range of $14 to $16. Matador Resources trades under the symbol MTDR.

Source: Renaissance Capital

3. AVG Technologies: the internet security provider raised $128 mn in fresh capital in its NYSE IPO. AVG Technologies sold 8 mn shares at $16 each, hitting the low end of its pre-IPO range ($16 to $18. It trades under the symbol AVG.

Source: Renaissance Capital

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