Posted On: 05/14/2012 9:27:20 PM
Post# of 102453
Facebook ups IPO price range: WSJ
SYDNEY (MarketWatch) -- Facebook Inc. has raised the price range of its initial public offering to between $34 and $38 a share, The Wall Street Journal reported late Monday, citing a person familiar with the matter. The price range was initially set at $28 to $35 a share, valuing the firm at $77 billion to $96 billion, according to the report.
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