Ron Burgundy Posted December 4, 2014 Share Posted December 4, 2014 By Abhirup Roy and Stephen Lacey (Reuters) - Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round. The new funding, which valued the firm at $40 billion, the planned debt sale and a previous $1.2 billion funding gave Uber more flexibility around the timing of an initial public offering, the source said. ... View the full article Quote Link to comment Share on other sites More sharing options...
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