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Bankrate prices IPO at $15, midpoint of the range

June 16, 2011

Bankrate, Inc., which is a leading publisher, aggregator and distributor of online personal finance content, raised $300 million by offering 20 million shares at $15, within the range of $14 to $16. Bankrate plans to list on the NYSE under the symbol RATE. Goldman, Sachs & Co., BofA Merrill Lynch, Citi and J.P. Morgan acted as lead managers on the deal.