Twitter Looks To Raise $1.6 Billion In IPO
San Francisco-based Twitter revealed Thursday that it is looking to sell 70 million shares of its common stock, at between $17.00 and $20.00 per share, netting the company more than $1.6 billion. The plans--revealed in an updated S-1--would value Twitter at more than $10 billion. Twitter first filed its IPO documents three weeks ago. The company is looking to trade on the New York Stock Exchange under the symbol TWTR.
posted on Friday, October 25, 2013
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