Dolan Media Sets Price Range

Dolan Media, a Minnesota-based provider of professional services to the legal, financial and real estate sectors, is to raise around $152.3 million from its IPO of 10.5 million shares with an indicative price range of $13.50 to $15.50 per share. It will have a market cap of around $364 million at the mid-point of this range. ABS Capital Partners, and Cherry Tree Investments have backed the firm since 1997, ABRY Partners got involved in 2004. http://www.dolanmedia.com