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Twitter Likely to Price IPO Shares at $25 to $28

Published on November 6, 2013
by Telis Demos and Matt Jarzemsky

Twitter’s initial public offering is likely to price at $25 to $28 a share, according to fund managers briefed by Goldman Sachs Group and Morgan Stanley bankers, two of the banks underwriting the deal. These people said that bankers were aiming to price the deal at $27, but that the company had not yet made a final decision.

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