Facebook's IPO one of world's largest
― NEW YORK (AP) — Facebook found more than enough friends. ∙ The world's definitive online social network said Thursday that it raised $16 billion for itself and its early investors in an initial public stock offering that values Facebook at $104 billion. That's more than Amazon.com and other well-known companies such as Kraft, Walt Disney and McDonald's.It's a big windfall for a company that began eight years ago with no way to make money. ∙ Facebook priced its IPO at $38 per share [...].
