IPO Prospectus Spotlights Business Of Factset Research


In its initial public offering late last week, financial database integrator Factset Research Systems brought 3.125 million shares of common stock to market on the New York Stock Exchange, with an additional 9.526 million shares outstanding.

In the initial prospectus for Factset (symbol FDS), dated June 5, underwriters Donaldson, Lufkin & Jenrette and Alex. Brown & Sons indicated they were looking to offer the stock at $16 a share. The stock began trading last Friday at $18.5.

The prospectus p