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Accrue Software files for IPO

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Fremont, Calif.--Accrue Software, a provider of e-business analysis software for high-volume Web sites, has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. BancBoston Robertson Stephens and Thomas Weisel Partners are the underwriters for the offering. The company wants to sell up to $41.4 million of common shares. It plans to use the proceeds for working capital and general corporate purposes.
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