NetRadio files for IPO

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NetRadio Corp., Minneapolis, a majority-owned subsidiary of Navarre Corp., March 3 announced it filed for an initial public offering of its common stock. Everen Securities will be the lead underwriter, registering a total of $37 million in common stock. Offering range and price per share were not specified. NetRadio broadcasts original audio programming over the Internet through its Web site.

Copyright March 1999, Crain Communications Inc.

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