Visa IPO May Be Largest in US History
Visa Expects to Raise Up to $18.76 Billion in Public Offering of Up to 446.6 Million Shares

AP
February 25


NEW YORK (AP) -- Visa said Monday it could raise almost $19 billion from an initial public offering, which would easily become the largest IPO in U.S. history.

San Francisco-based Visa Inc. said in a Securities and Exchange Commission filing it will offer 406 million shares at $37 to $42 per share. There will be an option for its underwriters to buy an extra 40.6 million shares to cover any excess demand.
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Visa made its initial IPO filing in June with the SEC. The shares will be listed with the New York Stock Exchange under the ticker V.
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