Facebook IPO one of world’s largest
Published 05/18/2012, The Jamestown Sun
In one of the largest initial public offerings of stock ever, Facebook said Thursday that it is raising at least $16 billion for itself and its early investors in a transaction that values the world’s definitive online social network at $104 billion. It’s a big windfall for a company that began eight years ago with no way to make money.Word count: 1085
The full article is available to newspaper subscribers. If you are a subscriber please log in to continue reading.