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Skype files for $100m flotation

Skype files for $100m flotation

Internet phone firm Skype has filed for an initial public offering in the US. The College Essay

The Luxembourg-based company hopes to raise up to $100m (£63m) in the stock market flotation.

Skype will sell American Depositary Shares – which represent shares in foreign companies – and expects to trade on the Nasdaq index.

Skype’s software lets computer and mobile phone users talk to each other for free and make cut-price calls to mobiles and landlines.

Doctoral Thesis In Marketing The company did not specify when its shares would go on sale, or at what price.

Research Paper Writing Service Read More/Source: BBC News

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