Deals
Twitter Boosts IPO Price for Valuation Up to $13.6 Billion
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Twitter Inc. increased the price of shares in its initial public offering by as much as 25 percent, putting it on track to raise $1.75 billion amid brisk demand.
The microblogging site is offering 70 million shares for $23 to $25 each, a regulatory filing today shows, indicating a market value of as much as $13.6 billion. Twitter had earlier proposed selling shares for $17 to $20 apiece.