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Outsourced storage service provider StorageNetworks boosts its IPO range from $17-19 to $23-25

June 28, 2000

StorageNetworks, a global provider of outsourced managed data services via a network of 37 data centers, raised its IPO range from $17-19 to $23-25. The Company expects to price its 9 million share offering later this week. Goldman Sachs is the lead underwriter.