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Twitter IPO Pegs Valuation at Modest $11 Billion

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25 October 2013 10:46 WIB

People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo. Twitter said on Thursday that it intends to sell 70 million shares priced between $17 and $20 in an initial public offering that will value the company at as much as $10.9 billion. REUTERS/Kacper Pempel

25 Oktober 2013 00:00 WIB

A Twitter app on an iPhone screen in New York. Twitter Inc. said in a regulatory filing Thursday, Oct. 24, 2013, that it is putting forth 70 million shares in the initial public offering. AP/Richard Drew

25 Oktober 2013 00:00 WIB

An employee walks past a Twitter logo made from Californian license plates at the company's headquarters in San Francisco. Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. REUTERS

25 Oktober 2013 00:00 WIB

The log-on icon for the Website Twitter on an Ipad. Twitter said on Thursday that it intends to sell 70 million shares priced between $17 and $20 in an initial public offering that will value the company at as much as $10.9 billion. REUTERS/Regis Duvignau

25 Oktober 2013 00:00 WIB

Men are silhouetted against a video screen with a Twitter logo as they pose with Samsung S3 and S4 smartphones. Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. REUTERS/Dado Ruvic

25 Oktober 2013 00:00 WIB

Twitter co-founders (L-R) Evan Williams, Biz Williams and Jack Dorsey are shown in this video image from an October 3 meeting of Twitter employees with founders, released to Reuters on October 4, 2013. REUTERS/Twitter

25 Oktober 2013 00:00 WIB