Twitter to raise $1 billion in debt as stock price surge signals investor confidence

A screen displays the stock price of Twitter above the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., January 31, 2017.

While Facebook is embroiled in controversy after controversy and Snap faces questions about its traction and viability, long-maligned Twitter is suddenly feeling the warm fuzzies from investors. The company announced today that it will use this momentum to raise $ 1 billion in debt through a sale of bonds that could be later converted to stock or ca…Read More
Social – VentureBeat

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