Saudi Gazette - Alwaleed to keep shares in Twitter:
"Prince Alwaleed bin Talal said he will not sell any of his shares in microblogging site Twitter Inc when it goes public, and expects the firm’s IPO to hit the market later this year or in early 2014.
The prince invested $300 million in the social media giant in late 2011.
“Clearly the speed they’re moving with shows that they would like to IPO sooner than later. I believe it will happen either this year or early next year,” Alwaleed told Reuters in a telephone interview on Sunday.
“Twitter is a very strategic investment for us. We believe that it is just beginning to touch the surface. We have invested $300 million in the company. We will be selling zero, nothing, at the IPO.” He did not say whether he might buy new shares in the offer."
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