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Dropbox is preparing IPO documents with Goldman Sachs

The file sharing company may soon pick Goldman Sachs as its lead adviser.

Dropbox is inching closer to an IPO and is currently working with Goldman Sachs on the paperwork for an offering, Bloomberg reports.

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The file hosting service,

Goldman Sachs declined to comment to Business Insider. Dropbox did not immediately respond to a request for comment.

It was reported in late June that Dropbox was in the market for underwriters, and was set to start interviewing investment banks in July.

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