Saturday, October 5, 2013

Ahead of Twitter IPO, Nasdaq makes a pitch for the coveted listing

SAN FRANCISCO - With the hottest technology offering since Facebook still technically up for grabs, the Nasdaq Stock Market's chief Bob Greifeld paid a visit to Twitter headquarters in San Francisco on Friday. Twitter is leaning toward listing with the New York Stock Exchange after the technical glitches that marred Facebook's IPO in May 2012, a person familiar with the situation said last week. Twitter is the most highly sought after technology listing since Facebook, and the exchanges are aggressively jockeying for Twitter's business to have the bragging rights. NYSE has edge over Nasdaq in battle of exchanges for Twitter IPO.

Source: http://www.chicagotribune.com/business/technology/la-fi-tn-twitter-ipo-nasdaq-makes-pitch-20131004,0,5650785.story?track=rss

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