Breaking News Alert
The New York Times
Thursday, May 17, 2012 -- 4:29 PM EDT
-----
Facebook Raises $16 Billion in I.P.O. That Values It at $104 Billion
As investors raced to get shares, whose price Facebook set at $38 each, the sprawling social network raised $16 billion on Thursday in an initial public offering.
The I.P.O. signals a rapid evolution for the company. In just eight years, Facebook has gone from a scrappy college service founded in a Harvard dormitory to the third-largest public offering in the history of the United States, behind General Motors and Visa.
Read More:
http://dealbook.nytimes.com/2012/05/17/facebook-raises-16-billion-in-i-p-o/?emc=na
To unsubscribe, go to:
http://www.nytimes.com/gst/unsub.html?email=saad_satour.worldnews@blogger.com&id=62727480&segment=33684&group=nl&product=NA
About This E-Mail
You received this message because you are signed up to receive breaking news
alerts from NYTimes.com.
To change your e-mail address or to sign up for daily headlines or other
newsletters, go to:
http://www.nytimes.com/email
NYTimes.com
620 Eighth Ave.
New York, NY 10018
Copyright 2012 The New York Times Company
ليست هناك تعليقات:
إرسال تعليق