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Twitter taking steps towards IPO - Rumour
Twitter is quietly preparing to go public, although not in the near future, as the firm considers further management reshuffles and acquisitions. Sources speaking to Bloomberg emphasise that Twitter has no "current plans" for an IPO but, as the firm nears its sixth birthday, is reportedly slowly preparing to make its stock market debut. Liquidnet analyst Lou Kerner says that Twitter's financials mean it is in a good position to go public. "Twitter could go public today, if it wanted, but I believe it's in the long-terms interest of the shareholders for it to remain private for quite a lot longer," he says. Kerner also points towards Facebook, which commands a considerably stronger financial position than its smaller rival, but is not expected to go public until later this year.
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