HOMEGROCER LOOKING TO RAISE $226M

KIRKLAND, Wash. -- HomeGrocer.com here is seeking to raise $226 million in its initial public offering, enough to finance expansion into 12 new markets.by the end of this year. The company, which said it would go public on the Nasdaq exchange in December, said in a recent Securities and Exchange Commission filing that it expects to offer 22 million shares priced between $10 and $12 a share. The company

KIRKLAND, Wash. -- HomeGrocer.com here is seeking to raise $226 million in its initial public offering, enough to finance expansion into 12 new markets.

by the end of this year. The company, which said it would go public on the Nasdaq exchange in December, said in a recent Securities and Exchange Commission filing that it expects to offer 22 million shares priced between $10 and $12 a share. The company is seeking $226 million in proceeds.

The IPO is expected to be priced the

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