SuccessFactors to offer 8.8M shares
SuccessFactors, Inc. (Nasdaq:SFSF) is trading heavier than normal after the San Mateo, Calif.-based on-demand software maker reported late Monday that it priced an offering of about 8.8 million shares at $11.80 apiece. Of the offering, 2.5 million shares are being sold directly by SuccessFactors and 6.3 million shares are being sold by shareholders. The company, which went public last November, expects the offering to close Friday.
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