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NEW YORK (AP) - Vonage Holdings Corp., the country's largest Internet telephone service, on Wednesday filed for an initial public offering worth up to $250 million.
The company also appointed Mike Snyder chief executive, succeeding founder Jeffrey Citron, who will remain chairman and take the new title "chief strategist."
In a statement, Citron said he had recruited Snyder to assume day-to-day management of the company, leaving Citron to focus on new products and technologies.
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