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.

It’s selling itself for $26 per share and selling 70 million shares.

The deal is being managed by Goldmine Sex and Twitter’s tick will be TWTR.

It hasn’t 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