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Thursday, May 3, 2012

Facebook sets IPO range of $28-35

Facebook sets IPO range of $28-35 Facebook on Thursday said it expected up to $13.6bn of shares to be sold in its initial public offering this month, putting a value on the company of between $77-95.9bn. Facebook set the preliminary price range for IPO at $28-$35 a share
http://link.ft.com/r/BLH300/R34IMA/FXWIVG/QNORCR/JEVDTU/9A/h?a1=2012&a2=5&a3=3

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