Twitter is offering 70 million shares, suggesting IPO may raise up to $1.4 billion, the company said.
Twitter reportedly said that it plans to sell its shares in the range of $17 to $20 each, in an initial public offering that values the social media company at as much as $10.9 bn.
Twitter is offering 70 million shares, suggesting IPO may raise up to $1.4 billion, the company said.
Media report said that the date for offering could come as the week of Nov. 4.
The stock will list on the New York Stock Exchange under the symbol TWTR.
Twitter is expected to begin its pre-IPO road show next week.
Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank were involved in arranging the credit deal.
Twitter is offering 70 million shares, suggesting IPO may raise up to $1.4 billion, the company said.
Media report said that the date for offering could come as the week of Nov. 4.
The stock will list on the New York Stock Exchange under the symbol TWTR.
Twitter is expected to begin its pre-IPO road show next week.
Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America Merrill Lynch and Deutsche Bank were involved in arranging the credit deal.
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