Fleetmatics Group, a leading provider of on-demand fleet management solutions, raised $133 million by offering 7.8 million shares at $17, at high end of the range of $15 to $17. Fleetmatics Group plans to list on the NYSE under the symbol FLTX. Barclays and BofA Merrill Lynch acted as lead managers on the deal.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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