In brief: CitySearch floats to raise $60m

By Felicity Ussher, 24 July 1998 17:58

NEWS CitySearch - a California-based online listing service - plans to offer nearly $60m of its shares to the public. The company, which rivals Microsoft's Sidewalk and AOL's Digital City, will offer 4.6 million shares, priced at $11 to $13 each, according to a filing at the Securities & Exchange Commission.

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