Burst! Media aims to raise $50 million through IPO

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Interactive agency Burst! Media, Burlington, Mass., hopes to raise as much as $50 million through an initial public offering. The company, which operates a network of more than 2,900 specialty content Web sites and provides proprietary software to support advertising on those sites, filed with the U.S. Securities & Exchange Commission to sell common stock. It will disclose the number of shares to be sold and their price in a supplemental filing.

Copyright March 2000, Crain Communications Inc.

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