Yandex to Debut IPO in '08 After All

Ready to cash in

Last week Profy reported that Russian search site Yandex planned to hold off its $2 billion NASDAQ IPO until 2009. Roem.ru, another Russian news site, declares that announcement did not come from Yandex; it was only a market forecast by financial firm Finam, Quintura reports.

Yandex is still expected to debut on the NASDAQ this fall at a $2 billion rate, valuing the company at about $5 billion.

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Latest media planning news & facts

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Another Indie Rock Station Goes Down: Boston?s WFNX Sold to Clear Channel

DirecTV Strikes Video, Internet Agreements To Reach Rural US

Viacom: Social TV Must Offer Content, Communication, Comments

LA Times Kills Sunday Magazine, Will Launch Luxury Quarterly

ESPN Upfront: Heavy on Digital, Authentication, New Films, Advertiser Value

ABC Upfront: Heavy on Comedy and Schedule Shakeups

Out-Of-Home Advertising Up 4.5% In Q1

News, Beauty And Style Dominate Top 50 Web Properties

UK Companies Spend On Social, But Snooze On Google+

Top 10 Cable Television Programs, Week of May 14, 2012

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Q1 Mobile Mix Shows Growth Of Tablets, Decline of Feature Phones

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Yandex to Debut IPO in '08 After All

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