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Echo Global Files for IPO

Echo Global Logistics Inc., a Chicago-based BPO company focused on transportation and logistics , has filed for a $100 million IPO. It plans to trade on the Nasdaq under ticker symbol ECHO, with Lehman Brothers and Citi serving as co-lead underwriters. The company raised a $17.4 million venture round in 2006 led by New Enterprise Associates (15.4% pre-IPO ownership stake).