Thursday, May 3, 2012

Offering Price Sets Facebook Value at $86 Billion


http://dealbook.nytimes.com/2012/05/03/facebook-to-set-target-after-market-close/?hp

Facebook set the estimated price for its initial public offering at $28 to $35 a share, according to a revised prospectus. The company is expected to begin trading in two weeks.

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