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Snapchat Said to Pick Morgan Stanley, Goldman to Lead IPO

By Tony Seruga

Company’s public market listing could happen as soon as March
JPMorgan, Deutsche Bank, Allen & Co. also involved in offering

Snapchat has chosen bankers for its initial public offering, which could happen as soon as March, according to people familiar with the matter.

Morgan Stanley and Goldman Sachs Group Inc. will lead the offering and were notified of their role early this week, said the people, who asked not to be named because the information isn’t public. JPMorgan Chase & Co., Deutsche Bank AG, Allen & Co., Barclays Plc and Credit Suisse Group AG will also be involved as joint book runners, the people said…

Snapchat Said to Pick Morgan Stanley, Goldman to Lead IPO

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