NetGravity begins $120 million offering

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Ad serving company NetGravity, San Mateo, Calif., commenced a secondary public offering of 4.1 million shares of common stock for proceeds of $120 million. The offering was made through an underwriting group managed by BancBoston Robertson Stephens, NationsBanc Montgomery Securities and FAC/Equities, a division of First Albany Corp.

Copyright March 1999, Crain Communications Inc.

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