A big day for LinkedIn
The professional social network LinkedIn priced its public offering at $45 a share late Wednesday, at the top of its expected price range.
At that price, LinkedIn will raise $352.8 million, valuing the company at $4.3 billion. It is set to offer 7.8 million shares, with shareholders selling about three million shares.
LinkedIn Prices Shares at $4.3 Billion Valuation - NYTimes.com
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