Jazz Semi eyes IPO

January 21, 2004 – Jazz Semiconductor, a Newport Beach, CA-based wafer foundry, has filed with the SEC for an initial public offering of common stock. Credit Suisse First Boston and Lehman Brothers will be the joint bookrunning managers, with co-managers SG Cowen Securities, Wachovia Capital Markets, Thomas Weisel Partners, and Needham & Company. Details of the timing or pricing were not provided.

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