Twitter Files to Go Public

This isn't the same thing as going public, which Facebook ( FB) did in mid-2012. Twitter will likely file its documents in preparation for an initial public offering in 2014.

Last year I predicted that Google ( GOOG) would acquire the micro-blogging site. I wouldn't be surprised if Google makes another run at Twitter, though I expect Twitter would prefer to remain independent.

CEO Dick Costolo has been pretty adamant that the company doesn't need to raise funds soon, as it tries to maximize revenue, while maintaining the user experience and value that Twitter has become. In mid-2012, Twitter said it "expects to generate at least $1 billion in sales in 2014."

I think we'll see Twitter file its documents around November, with an expected offering sometime around February.

If you liked this article you might like

Great Expectations? Apple 8 Line Not as Long as in Past Years

Nasdaq, S&P 500 Close Higher Amid Tension With North Korea

Former Apple Supplier Imagination Technologies Reportedly Sold to Chinese Firm

Week Wasn't Bad but That's Not Necessarily Good

Cramer: Food Stocks Are Going Hungry