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Facebook stock offer

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Facebook stock offer

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Al Jazeera English

3 Views • Aug 17, 2012

Description

Facebook has set its stock price at 38 dollars a share, ahead of its initial public offering on Friday.

That values the company at more than $100 billion.

The sale is expected to raise as much as $18.4 billion dollars for the social network and its existing shareholders.

Al Jazeera's Rob Reynolds has more details.

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