With Facebook (FB) Foul-Up Forgotten, Morgan Stanley (MS) Could Be Tapped to Lead Twitter IPO - FBN

Morgan Stanley (NYSE: MS) apparently didn't botch the 2012 IPO of Facebook (NASDAQ: FB) bad enough to scare off another social media powerhouse. Twitter is likely to tap Morgan Stanley as its lead underwriter for a possible IPO, FOX Business Network’s (FBN) Senior Correspondent Charlie Gasparino reported Wednesday.

"The underwriting group for Twitter is likely to look remarkably similar to Facebook, meaning Morgan Stanley in the lead IPO – is the lead underwriter," Gasparino reported. "Goldman Sachs (NYSE: GS) and JPMorgan (NYSE: JPM) co-lead managers are taking secondary roles, but Morgan Stanley clearly in the lead. Now we should point out Twitter had no comment. The decision has not been made yet exactly to do the IPO."

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