Thursday, 31 October 2013

Goldman To Get Up To $20 Mln In Twitter Fees: WSJ


Goldman Sachs Group Inc. could get as much as $20 million in fees from underwriting Twitter's debut as a public company.

According to the Wall Street Journal. Goldman, which is the lead underwriter on the deal, is slotted for 38.5% of the fees, which could translate to as much as $20 million depending on how the shares sell when they start trading. Morgan Stanley is set to get 18% of the fees, followed by smaller proportions for J.P. Morgan Chase & Co. read more GS.

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