Constant Contact Files for Secondary Offering

Constant Contact Inc. (Nasdaq: CTCT), a Waltham, Mass.-based provider of direct marketing email software, has filed for a secondary offering of 4.39 million common shares. This would be worth over $75 million, based on Wednesday's closing stock price of $17.19 per share. Selling shareholders include Morgan Stanley Dean Witter Venture Partners (870,000 share to be sold), Commonwealth Capital Ventures (104,944 shares), Greylock Partners (110,000 shares) and Longworth Venture Partners (700,000 shares). Each of those firms is only selling a portion of their current position.