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Facebook boosts IPO size

E
euronews (in English)

16 views • May 16, 2012

Description

Facebook on Wednesday increased the size of its initial public offering of shares by 25 percent.

The additional shares will be sold by early investors including PayPal co-founder Peter Thiel, Accel Partners' James Breyer, investment manager Tiger Global Management and Goldman Sachs, the company said in a filing.

The company itself has not increased the number of shares it will sell.
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