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Goldman Sachs Scores Coup With Lead Position on Twitter IPO

Goldman Sachs Group Inc., on pace to be the top adviser on U.S. initial public offerings for the first time since 2009, scored a coup by landing the lead role on Twitter Inc.’s sale.

Twitter, which announced yesterday that it filed for an IPO, gave Goldman Sachs the job of running the sale, a person with knowledge of the matter said. JPMorgan Chase & Co. and Morgan Stanley will also be bankers for the IPO, said another person, who asked not to be identified because the process is private. Deutsche Bank AG also has a part, another person said.