Greenway Medical to sell shares for $11-$13

Greenway Medical Technologies Inc.    , which is in the midst of an initial public offering, said Wednesday it will sell its shares for between $11 and $13.

If the shares are sold at the higher estimate of $13, the sale would value the Carrollton, Ga.-based company, which was founded in 1998, at $357 million.

A maker of information technology for health-care providers, Greenway hopes to sell 5.3 million shares, while other shareholders plan to offer an additional 1.3 million, according to a filing with the Securities and Exchange Commission    .

If the shares are sold at the higher estimate of $13, and underwriters buy another 1 million shares, the total sold would be 7.7 million shares, raising $99.7 million.

The company has applied to have its shares listed on the New York Stock Exchange under the symbol “GWAY.”