Sunday, March 2nd, 2008...4:52 pm
VISA IPO expected March 19th
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The much awaited Visa IPO is expected to be priced on March 19th.
Visa, the operator of the world’s largest retail electronic payments network, announced terms for its IPO in a filing with the SEC on Monday. The company plans to offer 406 million shares at a range of $37-$42, potentially raising $16 billion at the midpoint. The deal is expected to price on March 19th. JPMorgan and Goldman Sachs are the lead underwriters on the deal. (ipohome.com)
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