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Twitter raises USD 1.82 billion in IPO

2013-11-07 08:27:00| Telecompaper Headlines

(Telecompaper) Twitter has priced its initial public offering of shares at USD 26 per share, higher than the already increased range of USD 23-25 per share. With the offering of 70 million shares, this will give the company gross proceeds of USD 1.820 billion. The underwriters have an option to sell another 10.5 million shares in the next 30 days. The shares will start trading on the New York Stock Exchange 07 November.

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CenturyLink swings to Q3 loss on $1.1 billion charge

2013-11-07 01:00:00| Total Telecom industry news

U.S. telco's revenue slide for fifth consecutive quarter.

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Diamond Offshore Closes $1 Billion Debt Offer

2013-11-06 19:10:00| OGI

Net proceeds will be used for general corporate purposes, including the redemption, repurchase or retirement of senior notes.

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Open Text buys cloud B2B integrator GXS in $1.17 billion deal

2013-11-05 19:44:02| InfoWorld: Top News

Open Text is acquiring GXS Group for $1.17 billion in a deal that will give the information management software vendor a widely used cloud-based business-to-business trading platform. The deal is expected to close within 90 days, according to Open Text's announcement on Tuesday.

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Magna revenue up 13% to US$8.3 billion in Q3 2013

2013-11-05 19:43:00| Canadian Plastics Headlines

Automotive parts maker Magna International reported stronger-than-expected third-quarter results amid strong growth in North American vehicle production and a modest improvement in Europe.

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