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Business: Twitter picks NYSE for $1.5B IPO

Source: TheStreet.com

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Looking to learn from the past, social media company Twitter will list on the New York Stock Exchange in an IPO estimated to net around $1.5 billion, sources close to the situation have said.

Twitter, the San Francisco-based social media company that tweeted out news it had filed its S-1 to the SEC for its planned initial public offering, is looking to avoid the glitches and hoopla that were troublesome when Facebook went public last year.

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