NYSE gets Twitter... and the title.
FORTUNE -- This must be a pretty rough morning over at the NASDAQ.
First, chief rival NYSE managed to bring Twitter (TWTR) public without any of the tech snafus that NASDAQ suffered through last year with Facebook (FB). Now, NYSE gets to rub even more salt in the wound, thanks to this new Thomson Reuters infographic:
It is worth noting, however, that NASDAQ has making inroads in MOREDan Primack - Nov 7, 2013 11:46 AM ET
Twitter made a ton of money from its IPO, but its bankers got the better deal.
FORTUNE -- Twitter began trading this morning at $45.10 per share, after pricing its IPO last night at $26 per share. Or, put another way, Twitter (TWTR) left more than $1.3 billion on the table. Or, put even another way, more than twice what the company will generate in revenue this year.
To be sure, Twitter MOREDan Primack - Nov 7, 2013 11:09 AM ET
Twitter employees have some big news to share...
FORTUNE -- Twitter (TWTR) this morning is going public after the second-largest Internet IPO in history. Not surprisingly, company employees are sharing the moment the way they know best: Via Twitter.
Below is a selection of tweets from Twitterers (current and former):Dan Primack - Nov 7, 2013 10:12 AM ET
Twitter prices 70 million shares at $26 each.
FORTUNE -- Twitter this evening raised $1.82 billion in its initial public offering, and tomorrow morning is expected to begin trading its shares on the New York Stock Exchange under ticker symbol TWTR.
The micro-messaging service price 70 million shares at $26 per share, which is higher than both its original $17-$20 price range and its recently-revised price range of $23-$25 per share. It MOREDan Primack - Nov 6, 2013 6:41 PM ET
Wix, a company that helps individuals and small businesses build websites, goes public.
FORTUNE -- Wix (WIX), an Israeli company that helps users build HTML5 websites, today began trading on the NASDAQ after raising $127 million in its IPO.
The company priced 7.7 million shares at $16.50 per share (high end of $14.50-$16.50 range), for an initial market cap of around $601 million. It had raised around $61 million in VC funding from Mangrove MOREDan Primack - Nov 6, 2013 12:53 PM ET
Experian PLC (LSE: EXPN) has agreed to acquire Passport Health Communications Inc., a Franklin, Tenn.–based provider of data, analytics and software in the U.S. healthcare payments market, for $850 million. Sellers are Spectrum Equity Investors and Great Hill Partners, which acquired a majority interest in 2008 for $232 million. www.passporthealth.com
Endo Health Solutions (Nasdaq: ENDP) has acquired Paladin Labs (TSX: PLB), a Canadian specialty pharma company, for approximately $1.6 billion in stock and cash. The deal represents a 20% premium MOREDan Primack - Nov 6, 2013 10:50 AM ET
Men's Wearhouse (NYSE: MW) again said that it would not allow any due diligence by Jos. A. Bank (Nasdaq: JOSB), which had said that it may increase its $2.3 billion takeover offer if given access to company information. www.josabank.com
PPF, a Czech investment group, has agreed to acquire a 65.9% stake in Telefonica Czech Republicfrom Telefónica (CATS: TEF) for approximately $3.33 billion. www.telefonica.com
CSM Sport & Entertainment, a subsidiary of Chime Communications PLC (LSE: CHW), has agreed to acquire Just Marketing Inc., MOREDan Primack - Nov 5, 2013 11:09 AM ET
Twitter (and all other IPO candidates) should let media into their IPO roadshows.
FORTUNE -- Earlier today a reporter from Buzzfeed attempted to crash Twitter's IPO roadshow presentation at New York's Mandarin Oriental hotel. And then a woman yelled at the reporter to get lost, which was followed by some more gentle persuasion by hotel security.
It made for a fun little story, and a bunch of snarky tweets about the menu (for MOREDan Primack - Oct 30, 2013 4:44 PM ET
PricewaterhouseCoopers has agreed to acquire New York–based corporate consultancy Booz & Co., which separated from government consultancy Booz Allen Hamilton in 2008. No financial terms were disclosed. www.booz.com
China Construction Bank (HK: 939) is "in advanced talks" to buy listed Brazilian mid-sized lenderBanco Industrial e Comercial of Brazil, according to Reuters. BicBanco has a current market cap just shy of $800 million, in part thanks to existing takeover rumors. www.ccb.com
Honda Motor Co. (Tokyo: 7267) has agreed to MOREDan Primack - Oct 30, 2013 10:45 AM ET
CVSL Inc. (OTC BB: CVSL) has offered to acquire Greenwich, Conn.-based direct-to-consumer marketing company Blyth Inc. (NYSE: BTH) for approximately $268 million, or $16.75 per share (8.06% premium to yesterday's closing price), according to Bloomberg. www.blythinc.com
China National Petroleum Corp. is in talks to acquire the Peruvian assets of Brazil-basedPetrobras for more than $2 billion, according to the NY Times. www.petrobras.com.br
The Mosaic Co. (NYSE: MOS) has agreed to acquire the phosphate business of CF Industries Inc.(NYSE: CF) for $1.2 MOREDan Primack - Oct 29, 2013 10:25 AM ET
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