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WageWorks files for $75 million IPO

WageWorks Inc., which administers employee benefit programs for companies, said late Monday that it would seek to raise up to $75 million in an initial public offering of its shares.

By Associated Press | Updated on April 26, 2011

NEW YORK (AP) — WageWorks Inc., which administers employee benefit programs for companies, said late Monday that it would seek to raise up to $75 million in an initial public offering of its shares.

WageWorks is the latest in a line of companies in recent weeks that have signaled they want to go public.

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