DealerTrack, a provider of on-demand software and data solutions to the U.S. automotive retail industry, announced Wednesday morning that it plans to offer 10.0 million shares at a range of $14-$16. Insiders intend to offer 3.3 million shares. Assuming the stock prices at the midpoint, the company will have an initial market capitalization of $540 million. J.P. Morgan and Lehman Brothers will be the lead underwriters on the deal. Timing has yet to be determined.
