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Twitter files for IPO

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Twitter IPO
Twitter on Thursday announced that it has filed documents with the Securities and Exchange Commission for an Initial Public Offering, or IPO. "We’ve confidentially submitted an S-1 to the SEC for a planned IPO," Twitter said in a post on its popular social networking site. "This Tweet does not constitute an offer of any securities for sale." Twitter is able to file its S-1 confidentially because its annual revenue is less than $1 billion, and the document will remain confidential until three weeks prior to the offering as a result.

 

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