Twitter Said to Add Allen & Co. to List of Banks for IPO
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Twitter Inc., the microblogging service with more than 200 million members, added Allen & Co. and Code Advisors LLC to the group of underwriters managing its initial public offering, people with knowledge of the process said.
Twitter, which on Sept. 12 disclosed its plans to go public, added the boutique firms to the existing lineup of Wall Street investment banks handling its share sale, said the people, who asked not to be identified because the decision isn’t public. The company will make a public S-1 filing with the U.S. Securities and Exchange Commission this week, they said.