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Lending Tree Inc. (TREE), a Charlotte, N.C.-based online loan marketplace for consumers and lenders, announced on Feb. 15 its initial public offering of 3,650,000 shares of common stock priced at $12 per share. Lending Tree also granted underwriters an option to purchase up to 547,500 shares of common stock to cover over- allotments, if any. Merrill Lynch (MER) is acting as the lead manager for the offering. Lehman Brothers (LEH) and Prudential Securities are acting as co-managers. Lending Tree collects consumer credit requests and compares those requests and related credit information to the underwriting criteria of more than 90 participating lenders in the company's network. Its marketplace encompasses most consumer credit categories, including mortgages, home equity loans, automobile loans, credit cards, and personal loans. (Deborah Roth, Lending Tree, 704/541-5351.)