Home>Topics>>Facebook increases IPO range to raise $12.1 billion
Facebook increases IPO range to raise $12.1 billion
Reuters: Business News
Tue, 15 May 2012
NEW YORK/SAN FRANCISCO (Reuters) - Facebook Inc increased the price range on its initial public offering an average of 14 percent to raise more than $12 billion, giving the world's No. 1 social network a valuation potentially exceeding $100 billion.
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