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Weibo expects IPO to be priced at $17-$19/ADS
April 4, 2014 / 8:45 PM / 4 years ago

Weibo expects IPO to be priced at $17-$19/ADS

April 4 (Reuters) - China’s Twitter-like messaging service Weibo Corp, owned by Sina Corp, said it expected its initial public offering of 20 million American Depository Shares to be priced at $17-$19 each, it said in a regulatory filing on Friday.

The company said on Monday that it intends to list on the Nasdaq under the symbol "WB". (link.reuters.com/fyh38v)

Reporting By Lehar Maan in Bangalore

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