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lady*b

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lady*b

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Friday, 03/14/2008 1:41:42 PM

Friday, March 14, 2008 1:41:42 PM

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Visa announces terms for IPO
2/25/2008

Visa, the operator of the world’s largest retail electronic payments network, announced terms for its IPO in a filing with the SEC on Monday. The company plans to offer 406 million shares at a range of $37-$42, potentially raising $16 billion at the midpoint. The deal is expected to price on March 19th. JPMorgan and Goldman Sachs are the lead underwriters on the deal.

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