FACEBOOK : THE MUCH AWAITED IPO !!!
― Facebook has released a revised S-1 filing which list additional information on IPO. ∙ The IPO would value Facebook at $74.8 billion(Rs.3,96,440 Cr), based on total of 2.138 billion Class A & B shares outstanding after the offering, assuming a $35 share price. ∙ Total shares offered will be 33,74,15,352 at a proposed price range of $28-$35. It is expected that they could fix price at $31.50/sh. ∙ Facebook estimates that the net proceeds from sale of the Class A common [...].
