Twitter and its bankers will be fat and happy come Turkey Day if inside sources have their facts straight.
The social network is gunning to get its shares on the public market prior to Thanksgiving and plans to raise more than $1 billion through the offering, according to sources who spoke to Reuters. The company is also said to have picked Goldman Sachs as the lead underwriter for the IPO, and is currently diving up fees for the bank and others involved including Morgan Stanley, JP Morgan, and Bank of America.
In the tweet retweeted ’round the world, Twitter last week announced its intention to become a public company. The company noted that it had filed a confidential S-1 with the Securities and Exchange Commission, a provision allowed under the 2012 JOBS Act.
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