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http://www.usatoday.com/story/tech/2013/10/24/twitter-price-range-ipo/3181375/Thursday, October 24, 2013
Twitter sets cautious valuation for IPO - USATODAY - Twitter set a price range for its initial public offering Thursday, putting a conservative valuation of at least $10 billion on its business to try to avoid pitfalls suffered by rival social-media company Facebook, when it went public last year. Twitter said in a regulatory filing that it will raise as much as $1.61 billion by selling between 70 million and 80.5 million shares priced at $17 to $20 each.
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