Twitter sets $17 to $20 per share price range for IPO, could raise as much as $1.6 billion

  • by: BARBARA ORTUTAY , Associated Press
  • Updated: October 24, 2013 - 5:40 PM

NEW YORK — Twitter has set a price range of $17 to $20 per share for its initial public offering and says it could raise as much as $1.6 billion in the process. The pricing is relatively conservative considering that Twitter is poised to pull off the year's hottest IPO.

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