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Twitter to float for $14.4 billion Twitter to float for $14.4 billion
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Twitter to float for $14.4 billion
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Old 8th November 2013, 07:20   #1
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Default Twitter to float for $14.4 billion

A company that limits you to 140 characters to say something to the #universe will float on the New York Stock Exchange (#NYSE) today.

Twitter is valuing itself at $14.4 billion when it embarks upon its flotation.

Itís selling itself for $26 per share and selling 70 million shares.

The deal is being managed by Goldmine Sex and Twitterís tick will be TWTR.

It hasnít made any money yet. Important people at Twitter are expected to make a killing and TWTR turned in a loss of $134 million or so in the first nine months of this year.

http://news.techeye.net/business/twi...r-14-4-billion
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