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Visa deal now expected to price on Tuesday, March 18

March 14, 2008
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Leading credit and debit card provider Visa changed the timing of its IPO earlier this afternoon, with the deal now expected to price on March 18th instead of March 19th. The terms of the deal remain the same: 406 million shares at a range of $37 to $42. J.P. Morgan, Goldman Sachs and Banc of America are the lead underwriters on the deal.