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Brightstar submits filing for $300 million IPO

April 15, 2011

Brightstar Corporation, which provides customized services to wireless manufacturers, operators, retailers and enterprises, filed on Thursday with the SEC to raise up to $300 million in an initial public offering. The Miami, FL-based company, which was founded in 1997 and booked $4.6 billion in sales last year, plans to list on the NASDAQ under the symbol STAR. Goldman, Sachs & Co. and J.P. Morgan are the lead underwriters on the deal. No pricing terms were disclosed.