Internet Capital Readies $150M In Stock Offerings

Law360, New York (October 13, 2009, 6:33 PM EDT) -- With an eye toward future improvements in the deals landscape, software investment holding company Internet Capital Group Inc. has announced its plans for stock offerings seeking to raise as much as $150 million as it prepares to scout out new acquisition opportunities.

The company filed notices with the U.S. Securities and Exchange Commission on Tuesday for two common stock offerings — one for as much as $50 million and another for as much as $100 million — but noted that it had not commenced either offering...
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