UBS Securities LLC is acting as the sole book runner for the offering, with Bear, Stearns & Co. Inc. and CIBC World Markets Corp. acting as co-lead managers. LodgeNet is a large provider of interactive television systems and broadband services to hotels, including resort and casino hotels, in the US, Canada and some other countries.
The services include on-demand movies, music and music videos, Nintendo(R) video games, Internet on television, and other interactive television services, as well as high-speed internet access. LodgeNet provides service to more than 1 million rooms, including 967,000 interactive guest pay rooms, in more than 5,800 hotel properties worldwide.
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