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-Dice Holdings stock sale underwriters use greenshoe option.

BANKING AND CREDIT NEWS-February 23, 2011--Dice Holdings stock sale underwriters use greenshoe option(C)2011 M2 COMMUNICATIONS

23 February 2011 - US career websites provider Dice Holdings Inc (NYSE:DHX) on Tuesday announced the close of its public sale of common stock, including the full use by the underwriters of the over-allotment option for 1.05m shares.

Jefferies (NYSE:JEF) led the book-running group, which included Stifel Nicolaus Weisel and William Blair & Company.

In the offering, certain stockholders, including affiliates of General Atlantic LLC, Quadrangle Group LLC, and a member of Dice Holdings' top management, sold 7,181,476 common shares, while Dice placed 868,524 shares.

Dice Holdings used the net proceeds of USD11.9m (EUR8.7m) to buy back an equal number of common stock from members of its senior management and board of directors.

((Comments on this story may be sent to>PDFebruary 23, 2011>JNBANKING AND CREDIT NEWS.PRICEDATENOT APPLICABLE.DAY

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Publication:M2 Banking & Credit News (BCN)
Date:Feb 23, 2011
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