Facebook Raises $16 Billion In Biggest Technology IPO On Record (Lee Spears/Bloomberg)
Lee Spears / Bloomberg:
Facebook Raises $16 Billion In Biggest Technology IPO On Record — Facebook Inc. (FB) raised $16 billion in the biggest initial public offering by a technology company in history, pricing the shares at the top end of an increased range. — The social network, led by 28-year-old Mark Zuckerberg …
Facebook Raises $16 Billion in Biggest Technology IPO on Record - Businessweek
The social network, led by 28-year-old Mark Zuckerberg, sold 421.2 million shares at $38 each, data compiled by Bloomberg show. This week, Menlo Park, California-based Facebook expanded the IPO to meet demand, allowing backers Goldman Sachs ...