18 May 2012, 09:07 AM
|
 |
Keep Calm Chive On
|
|
Join Date: Mar 2007
Location: Saskatchatoon
Posts: 3,963
|
|
Facebook
Quote:
|
Facebook announced today that its initial public offering of common stock will be priced at $38 a share, valuing the company at $104 billion, the largest IPO for a U.S. tech company, raising $16 billion.
|
Quote:
...on Wednesday Facebook increased the number of shares to be sold at the market debut by 25 percent. Trading is expected to open at 11 a.m. Friday on the Nasdaq.
The company is offering 421.2 million shares of common A stock, which includes 180 million new shares that will be sold by the company and 241.2 million shares sold by existing shareholders such as early investors and Facebook’s founders.
|
http://abcnews.go.com/blogs/business...st-tech-offer/
__________________
bestest site...
"He who joyfully marches to music rank and file, has already earned my contempt. He has been given a large brain by mistake, since for him the spinal cord would surely suffice. This disgrace to civilization should be done away with at once. Heroism at command, how violently I hate all this, how despicable and ignoble war is; I would rather be torn to shreds than be a part of so base an action. It is my conviction that killing under the cloak of war is nothing but an act of murder." (Albert Einstein)
|