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November 6, 2015 02:30 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/l7eBu0LNwsI/
Square Plays Safe On Initial IPO Price To Entice Investors
Payments company Square has set its IPO offering to price at $11 to $13 per share. This will raise up to $403.7 million, and value the company at approximately $4.19 billion. This valuation would be actually be well below its last round of private funding, when its Series E round valued its shares at $15.50, with a $6 billion valuation. But since this is just the initial pricing, the strategy… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/l7eBu0LNwsI/
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