Gain Capital Holdings, with local VC backing, floats IPO

Bedminister, NJ based Gain Capital Holdings, which provides a foreign exchange trading platform, went public earlier this week at $9 per share, well below the $13 to $15 per share range initially anticipated. Two area VC firms had invested in Gain; Edison Ventures of Lawrenceville, NJ, which reports an 18x return on its shares sold in the offering (pdf), and Cross Atlantic Capital Partners of Radnor.

Gain Capital shares closed yesterday at $8.65.


Daily Links 12/17/2010: Comcast/Level 3 dispute continues

Cephalon CEO, Founder Frank Baldino Dies on Medical Leave, Drugmaker Says (Bloomberg)

Larry to HP and IBM: We’re Coming for Your Server Customers (All Things Digital)

Oracle tops Street views as sales rise 47%
Software giant sees sharp gain in new license sales, shares up 4%
(MarketWatch)

SAP Shares Up On Possible Qatar Move And Strong Oracle Earnings (Dow Jones via NASDAQ.com)

FCC may move on Comcast-NBC review (Politico)

TV's future: FCC decisions on Internet access, Comcast-NBC merger approaching (Washington Post)

Comcast-NBC deal gets backing of NAACP and other civil rights groups (LA Times: Company Town)

Comcast: Level 3 Balks at Trial Offer
(Light Reading Cable)

Stanley Black & Decker To Buy InfoLogix (Information Week)