INTERNET CAPITAL GRP INC
SymbolICGE

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Internet Capital Group Files Shelf Registration Statements

2009-10-13 17:22 ET - News Release


Company Website: http://www.internetcapital.com
WAYNE, Pa. -- (Business Wire)

Internet Capital Group, Inc. (Nasdaq:ICGE) today announced it has filed shelf registration statements on Forms S-3 and S-4 with the U.S. Securities and Exchange Commission. ICG does not have any immediate plans or current commitments to sell securities under either registration statement. The terms of any offerings under these shelf registrations will be determined at the time of the offerings.

“Although ICG does not have current plans to raise capital or to issue registered stock in connection with an acquisition, we believe it is prudent to have these shelf registrations in place, as they provide us greater financial flexibility in the event we identify strategic opportunities that may require additional capital,” said Walter Buckley, ICG’s Chairman and Chief Executive Officer.

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