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July 20 2011

20:37

Twitter poised to close a two-stage $800M funding, with $400m payday

AllThingsD :: AllThingsD reports, that in a move reminiscent of one done by Facebook in 2009, Twitter is close to completing $800 million funding deal that will include a second part in which around $400 million of the total will be used to cash out current investors and also employees.

Continue to read Kara Swisher, allthingsd.com

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