LinkedIn to Issue IPO on NYSE

Announcement is a coup for the Big Board


Networking site LinkedIn said in a filing on Wednesday that that it would list its IPO on the New York Stock Exchange, reported the New York Times’ Deal Book. Last month, LinkedIn said that it was still deciding whether to list its shares on Nasdaq or the NYSE when it goes public, which it’s expected to do later this year.

The announcement is a big advantage for the NYSE, which is currently embroiled in a takeover battle.

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