LinkedIn ups IPO range, company worth billions

Posted on May 17, 2011

0


LinkedIn executives announced today that its public offering might range 30 percent higher than what was originally forecasted for 2011. They say they plan to sell shares at $42 to $45 each and the mid-range would place the value of the nine-year-old company at over $4 billion. Comparatively, Facebook has a market value of $70 billion.

Advertisements
Posted in: Twists and Turns