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Current Media Files for IPO

Current Media Inc., a San Francisco-based television news and information network for young adults, has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol CRTM, with JPMorgan and Lehman Brothers serving as co-lead underwriters.

 

Shareholders include Blum Capital Partners, Yucaipa Cos., DirectTV, Comcast and former Vice President Al Gore. www.current.tv