Facebook Sets IPO at $28 to $35 a Share


Facebook announced the price for its initial public offering at $28 to $35 per share Thursday afternoon. The company will offer 157,415,352 shares of Class A common stock at a yet-unspecified date.

A statement from Facebook reads:

“Facebook, Inc. is offering 180,000,000 shares of its Class A common stock and the selling stockholders are offering 157,415,352...

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