Deals
Online Retailer Wayfair Said Talking to Banks for First-Half IPO
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Wayfair LLC, the online home-goods retailer, has contacted banks about managing an initial public offering, people with knowledge of the matter said.
The company, based in Boston, is scheduled to meet with several banks over the next few weeks about managing an IPO in the first half of the year, said one of the people, who asked not to be identified because the process is private. Wayfair, which sells furniture and lighting on the Web, posted revenue of about $1 billion last year, the person said, compared with $600 million in 2012.