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by CareyBot

LoopNet Inc. today announced it has filed a registration statement with the Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The shares in the offering will be offered by LoopNet and certain selling stockholders. The number of shares to be offered and the price range for the offering has not been determined. LoopNet is an online marketplace that enables commercial real estate agents, working on behalf of property owners and landlords, to list properties for sale or for lease by submitting detailed property listing information in order to find a buyer or tenant. Credit Suisse Securities (USA) LLC will serve as the sole book-running manager for the offering, with Thomas Weisel Partners LLC, Pacific Crest Securities Inc., and Pacific G...