Dropbox closes in on IPO, according to report

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Dropbox Inc. has reportedly filed confidentially for an initial public offering. The file-sharing and cloud storage company is valued at $10 billion. Goldman Sachs Group Inc. and JPMorgan Chase & Co. would lead the potential listing, sources told Bloomberg. “Dropbox is talking to other banks this month to fill additional roles on the IPO, the people said,” according to Bloomberg. “The company is aiming to list in the first half of this year, one of the people said.” Dropbox did not immediately...

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