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Trivago = Trade Desk meets Tripadvisor

The main IPO of interest scheduled for this week is Trivago¬†(NASDAQ: TRVG). The $400M deal is being led by JP Morgan, Goldman and Morgan Stanley with 7 co-managers tacked on for good measure. Our Quick IV points to a share price of $35 versus the $14 midpoint of the proposed range. Post-IPO, Expedia (NASDAQ: EXPE)…

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David’s Tea Deja Vu

The $75M David’s Tea (DTEA) IPO is being offered by Goldman and JP Morgan. The market capitalization at the $15-midpoint would be $350M. Expected pricing is Thursday night for trading on Friday. If things go like they did for Teavana then a share price of $26-28 might be expected. Basically David’s is stepping into the…

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