Lulu.com Going Public: IPO For Book Publishing Website Coming Soon

First Posted: 05/16/10 06:12 AM ET Updated: 05/25/11 04:50 PM ET

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Book Publishing , Canada , Self Publishing , Stock Market , Burn Rate , Canadian Authorities , Going Public , Ipo , Linux , Lulu , Lulu.Com , Public Offering , Red Hat , Stock , Books News

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Newsobserver.com:

The company behind the Lulu.com book publishing Web site has taken the first official step toward an initial public offering in Canada.

The Raleigh-based company -- founded in 2002 by CEO Bob Young, who previously co-founded Linux software giant Red Hat -- disclosed in its preliminary prospectus that it turned profitable in the latest quarter.

Read the whole story: Newsobserver.com

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