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Deals Rumor Mill: Spotify, ACS, TCW Group

By Benjamin Horney (September 27, 2017, 4:14 PM EDT) -- Spotify currently has a market value of about $16 billion, based on private trades involving stock in the music streaming service, according to a Wednesday report from Reuters. According to the report, strong demand for shares in Spotify means the company could be valued at $20 billion or more when it goes public. A Spotify initial public offering in the U.S. could be in the cards for next year, the report noted, and an official filing of its intention to go public may be made toward the end of this year....

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