Business Services Industry

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Crain's New York Business, October, 1999

Silicon firms set offerings Three Silicon Alley companies are set to float secondary offerings this week. The three companies are About.com Inc., which stands to raise about $170 million, iVillage Inc., which is looking for some $90 million, and Media Metrix Inc., which could raise as much as $140 million.

Lehman builds financial group Lehman Brothers has hired a team of insurance industry analysts, led by Eric Berg, away from CIBC World Markets. The hires are part of a build-up in Lehman's investment banking group serving financial institutions. In July, Lehman hired veteran investment banker David Sherwood from Merrill Lynch & Co. to serve as co-head of the group. Publisher moves base to NY Cahners is moving its headquarters to Manhattan from...

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