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Twitter likely to go public on November 15

The much anticipated initial public offer by microblogging site Twitter is likely to hit the US stock market on November 15, claims a research report

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Twitter has disclosed plans to raise up to USD one billion from its proposed initial public offer (IPO) in its initial registration form (S-1) with the US Securities and Exchange Commission (SEC).

US-based PrivCo, a provider of business and financial research on major privately held companies, has said an earlier version of Twitter's S-1 form "inadvertently" revealed February 15 as the last date for the lock-up period for employees to sell their restricted stocks.

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