Twitter IPO Expected 'Around Thanksgiving', Say Sources

Twitter’s much-anticipated initial public offering (IPO) is expected “sometime around Thanksgiving”, reports the New York Post, citing sources familiar with the matter.

Goldman Sachs are believed to have secured the lead role in Twitter’s stock market launch, with JP Morgan Chase and Morgan Stanley also expected to play their part as Twitter looks to grab a significant line of credit ahead of the IPO.

Twitter is allegedly seeking credit of up to $1 billion to strengthen its position pre-IPO, with the company perhaps look to add to its recent run of acquisitions, which included mobile advertising network, MoPub.

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