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Demand Media Market Cap Huge, But Green Dot Still Bigger

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The IPO this week of Santa Monica-based Demand Media has drawn widespread attention, with a number of articles yesterday talking about how the firm's market cap exceeded the New York Times Company after the IPO. In intraday trading Thursday, Green Dot (GDOT) had a market cap of approximately $2.68

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Eleven of Southern California's Firms In The Alternative Vehicle Market

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On the heels of the much heralded IPO of Silicon Valley electric car darling Tesla Motors today on the NASDAQ, investors are now looking to what other firms might benefit from the electric vehicle market--and what appears to be a growing appetite for IPOs. Tags: vehicle auto energy electric acquisition merger tesla.

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Green Dot Buys GE Capital's Walmart Cards

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Monrovia, California-based prepaid card provider Green Dot has acquired the reloadable prepaid card business of GE Capital , which are marketed under the Walmart brand, the firm said today. Financial terms of the acquisition were not announced. card prepaid financial acquisition merger gecapital walmart gdot green greendot'

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Xencor Files For IPO

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Monrovia, California-based biopharmaceuticals developer Xencor has filed for an IPO, saying in a filing this morning that it looking to raise up to $69.0M Xencor said it is has applied to trade as XNCR on the NASDAQ Stock Market. exit acquisition merger biopharmaceuticals biopharma xencor' in its initial public offering.

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Xencor Sets IPO Pricing

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Monrovia, California-based Xencor has set the initial offering price for its IPO, saying in a filing Thursday morning that it will offer up 10,700,000 shares of its common stock at $7.00 The company plans to trade on the NASDAQ Global Market as XNCR. exit acquisition merger biopharmaceuticals biopharma xencor' and $16.00

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Green Dot Up 22.2 Percent In IPO

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Monrovia-based Green Dot , the provider of prepaid credit cards which hit the market today, closed up 22.2 The firm had debuted on the market Thursday morning at $36.00 Tags: green merger acquisition gdot tech coast angels. percent in its IPO, at $43.99. per share, above initial estimates of $32.00 READ MORE>>.

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Internet Brands Brisco: Deal Will Allow More Focus On Long Term Growth

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Los Angeles-based Internet Brands , which operates a suite of online, advertising driven websites across a wide range of verticals, said Monday that it would go private in a $640M, private equity deal, bucking the trend of Southern California companies filing to get to the public markets. Internet Brands had gone public just three years ago.