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ipo

Traffic.com Driving Towards IPO

Red Herring: Traffic.com Files $86.3M IPO. Traffic.com, a provider of traffic information to radio and TV stations and vehicles in 24 large metropolitan areas in the United States, said it filed for an IPO for $86.3 million worth of common stock, in order to repay its debts and for general corporate expenses.

I’ve added Traffic.com contracts to the site.