Thursday, November 8, 2012

CyrusOne Selects NASDAQ For IPO

Houston-based datacenter operator CyrusOne indicated that it will conduct is initial public offering on the NASDAQ Market, under the symbol CONE, in an update of its S-1 today. CyrusOne filed for an IPO in August, looking to raise up to $300M as an REIT. The selection of a market is just one of the steps towards an actual IPO for a company.