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Deals Rumor Mill: Spotify, Lyft, Maersk Line

By Benjamin Horney (April 7, 2017, 3:34 PM EDT) -- Spotify Inc. is weighing an initial public offering but does not intend to raise any new money through the flotation, Bloomberg reported on Friday. According to the report, the music streaming giant wants to provide liquidity for longtime investors, but doesn't think it needs to raise additional capital, so the non-traditional listing would allow investors to buy Spotify shares from current owners on the open market. The company could be valued at around $8.5 billion in an IPO, the report said. Included among Spotify's current big time investors are TPG Capital, Founders Fund and Goldman Sachs Group Inc., the report noted....

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