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Twitter expects to raise up to $1.4 billion in IPO
6:37 pm on Oct 25, 2013 (gmt 0)
Twitter has unveiled the price range for its shares when the company lists on the stock exchange.
In a filing on Thursday, Twitter said it planned to sell 70 million shares priced between $17 and $20 (£10 - £12) to raise up to $1.4bn (£865m).
The offering represents 13% of Twitter and values it at as much as $11bn.
Twitter expects to raise up to $1.4 billion in IPO [bbc.co.uk]
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