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CCS Medical Sets IPO Terms

CCS Medical Holdings Inc. (a.ka. Chronic Care Solutions), a Clearwater, Fla.-based medical supply management company, set its IPO terms to 10 million common shares being offered at between $14 and $16 per share. It would have an initial market cap of around $607 million, if it were to price at the high end of its range. CCS plans to trade on the Nasdaq under ticker symbol CCSM, with Lehman Brothers and Goldman Sachs serving as co-lead underwriters. Warburg Pincus acquired the company in 2005.