We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Deals Rumor Mill: Spotify, RBS, J&T Finance

Law360, New York (January 3, 2018, 6:44 PM EST) -- Spotify has filed for a direct listing in New York, according to a Wednesday report from Bloomberg, which means the streaming giant will be taken public without an initial public offering. According to the report, Spotify late last month confidentially filed for the unconventional move with the U.S. Securities and Exchange Commission and plans to list its shares during the first quarter of this year. A direct listing would allow Spotify to trade its shares publicly without concurrently issuing new shares, which could save the company millions...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.