Spotify IPO Expected This Fall

Spotify IPO Expected This Fall

There has been much debate over a Spotify IPO. The company has long been rumored to be willing to follow rival Pandora, which is already listed as a public company. Spotify hasn’t made an official comments about a possible IPO though it may be talking with banks who may subsequently become underwriters should it go ahead with the plan. Quartz reports, citing people with knowledge of the plans, that Spotify is currently discussing a possible IPO through informal talks with major banks. Formal talks to get them onboard as underwrites might begin next month.

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