Angie's List Inc., a website that provides consumer reviews, is preparing to file in August for an initial public stock offering, said two people with knowledge of the plans.
The Indianapolis-based company has chosen Bank of America Corp. to lead the IPO. The size of the offering hasn't yet been decided. Angie's List would join the biggest surge in Internet share sales since the dot-com boom a decade ago.
A dozen Internet companies have gone public this year, the most in any year since 2000, at the height of the first wave of Web IPOs. Selling shares would help Angie's List compete against daily-deal and consumer-review websites including Yelp Inc., Facebook Inc. and Groupon Inc.
Cheryl Reed, a spokeswoman for Angie's List, declined to comment.
