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Ya is official. Twitter announced through its electronic logbook that notified securities regulator in United States its intention to place part of its capital on Wall Street, an operation that takes anticipating since makes months but which was truncated by the disastrous premiere of Facebook makes year and medium. The company gives no details in this time of the transaction.
It This Start of process that could take you to quoting at early next year. No word yet that banks will direct the sale, although recently was talk that the operation could be directed by Morgan Stanley or Goldman Sachs. Nor does it specify the deadlines, nor the market of preference, nor the amount of actions that placed nor the reference price, which will serve to determine its value.
The announcement comes days after becoming with advertising firm for mobile devices MobPub and coincides with Facebook quoting at highs. La largest social network in Internet began its journey in the Nasdaq surrounded of great controversy. He went out with a starting price of $ 38, that to the few months was halved. Now is paid to $ 45.
Twitter precise in the ad that delivery of the form S-1 announcing their plans not constitute in this moment a share sale. But the step taken expected with interest both on Wall Street as in Silicon Valley. These operations tend be intended equip itself with liquidity to finance the expansion of their service and have capital to innovate
The company introduced the documentation to the SEC under the formula of confidentiality, what unlike Facebook lets you keep secret the details of its financial results such as income and profitability of its operations. Only be obliged to make these public details when organizing working first reference band.
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