United Online

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Classmates.com Fails to Score IPO
Classmates.com Fails to
Score IPO

Classmates.com Fails to Score IPO

Company losing popularity contest to Facebook, analysts say

(Newser) - Classmates.com received an early dismissal today after its owners withdrew a planned IPO for the social networking site. United Online cited turbulent market conditions, but analysts say the real reason is waning popularity of the site and its overpriced offering. The interest in IPOs is there, one analyst explained,...

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