Thursday, May 19, 2011

LinkedIn Prices Shares at $4.3 Billion Valuation - NYTimes.com

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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